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Great value can be found in this spacious home with income potential, located just steps to downtown, waterfront park, rotary trail, and many other conveniences. This well-kept home features: 4 Bdrms * 2.5 Baths * Main Floor Laundry * Rec Rm W/ Bar Area * Over 1900ft2 of Finished Space * Gas Furnace 2018 * Central Air 2021 * Shingles 2021 * Many Other Improvements * Currently Set Up As 2 Front and Back Apartments: Front unit is 2 Bedroom + Den and Back unit is 2 Bedroom. The current rents are approx $25,200/yr for front unit (will be vacant March 1, 2025) and $21,000/yr for back unit (will be vacant January 1, 2025). New owner can set new rents once vacant. It can easily be converted back to a single family home by opening a doorway. Great home for large family, room for in-laws / Adult Children or great opportunity for rental income. *Photos are from Spring of 2022*
City: Midland
Neighborhood: Midland
Purchase Price | $599000 |
Down Payment | $119800 |
Mortgage Insurance | $0 |
Total Mortgage | $479200 |
Mortgage Payment | $2953 |
Property Taxes | $239 |
Maintenance Fees | $0 |
Monthly Payment | $3192 |
Sold Comparables homes near 405 Bay St, Midland
Located at 405 Bay St , this Midland house is available for sale. This property was listed for $580,000 on Thu Mar 13 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Kitchen, Br, Br, Br, Prim Bdrm, Den, Living, Kitchen. This property comes with 2 parking spots. 405 Bay St, Midland is situated in the Midland neighbourhood.
MLS#: S11892281 · $580,000 · 4 bedroom house in Midland, Midland