538 Nelson Street, Midland, ON, L4R 4W3

$525,000

MLS® # 40680650

House For Sale In Midland, Ontario

$525,000

  • 5

    Bedrooms

  • 2

    Baths

  • 7

    Parking Spaces

Property Information:

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.

Inclusions: Refrigerator,Stove

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 867 Square Feet

Property Features:

  • Bedrooms: 5
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: Bungalow Raised
  • Basement: Full, Finished
  • Built in: 1989
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Privacy
  • Floor Space (approx): 1689 Square Feet
  • Heating: Baseboard, Electric
  • Interior Features: High Speed Internet, Separate Hydro Meters
  • Lot Depth: 82.28 Feet
  • Lot Features: Urban, Rectangular, Ample Parking, Beach, Cul-De-Sac, Dog Park, Park, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
  • Lot Frontage: 66.61 Feet
  • Parking Features: Gravel
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Utilities: Cell Service, Electricity Connected, Garbage/Sanitary Collection, Recycling Pickup
  • Water Source: Municipal
  • Zoning: R3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Rooms:

  • Living Main Level 5.18 X 4.65
  • Kitchen Main Level 3.07 X 2.64
  • Dining Main Level 3.25 X 2.64
  • Primary Bedroom Main Level 4.24 X 3.63
  • Bedroom Main Level 3.66 X 3.20
  • Bathroom Main Level
  • Living Basement Level 5.08 X 3.30
  • Kitchen Basement Level 3.30 X 2.46
  • Primary Bedroom Basement Level 5.13 X 3.30
  • Bedroom Basement Level 3.68 X 3.30
  • Bedroom Basement Level 3.56 X 2.31
  • Bathroom Basement Level

Courtesy of: Keller Williams Experience Realty, Brokerage (255 King St)

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Additional Photos