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538 Nelson Street Midland, Ontario L4R 4W3

5 Bedroom 2 Bathroom
Raised Bungalow Baseboard Heaters

$525,000

Attention investors! This turn-key duplex offers the perfect opportunity to expand your portfolio in a great location near parks, Little Lake, and a variety of amenities. With great tenants already in place in the upper unit, you’ll benefit from steady rental income. The lower unit is vacant, providing you with the flexibility to set your own market rent and choose your own tenants. This bungalow-style duplex features a total of 1689 sq.ft. of living space, with a 2-bedroom, 1-bathroom upper unit and a 3-bedroom, 1-bathroom lower unit. Dual driveways offer plenty of parking, while the spacious backyard adds outdoor appeal for tenants. Whether you’re a seasoned investor, just starting out, or looking for a home with income potential, this property offers immediate returns and excellent long-term potential. With one unit ready for occupancy, it’s a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other. (id:50886)

Property Details

MLS® Number S11822987
Property Type Single Family
Community Name Midland
ParkingSpaceTotal 7
Structure Porch

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsBelowGround 3
BedroomsTotal 5
Appliances Refrigerator, Stove
ArchitecturalStyle Raised Bungalow
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
ExteriorFinish Brick, Vinyl Siding
FoundationType Block
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 1
Type House
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeFrontage 66.61 M
SizeIrregular 66.61 X 82.28 Acre
SizeTotalText 66.61 X 82.28 Acre|under 1/2 Acre
ZoningDescription R3

Rooms

Level Type Dimensions
Basement Bedroom 3.68 m x 3.3 m
Basement Bedroom 3.56 m x 2.31 m
Basement Bathroom Measurements not available
Basement Living Room 5.08 m x 3.3 m
Basement Kitchen 3.3 m x 2.46 m
Basement Primary Bedroom 5.13 m x 3.3 m
Main Level Living Room 5.18 m x 4.65 m
Main Level Dining Room 3.25 m x 2.64 m
Main Level Kitchen 3.07 m x 2.64 m
Main Level Primary Bedroom 4.24 m x 3.63 m
Main Level Bedroom 3.66 m x 3.2 m
Main Level Bathroom Measurements not available

Utilities

Wireless Available

https://www.realtor.ca/real-estate/27705973/538-nelson-street-midland-midland

Interested?

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Eric Beutler
Salesperson


Keller Williams Experience Realty
255 King Street
Midland, Ontario L4R 3M4

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