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$ 499,900
Est. payment /mo
New
538 NELSON ST Midland, ON L4R 4W3
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Midland
MLS Listing ID S12101174
Style Bungalow-Raised
Bedrooms 5
Building Age 31-50
Annual Tax Amount $3,202
Tax Year 2024
Property Sub-Type Duplex
Property Description
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, youll 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 youre 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, its a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other.
Location
State ON
County Simcoe
Community Midland
Area Simcoe
Zoning R3
Rooms
Family Room No
Basement Finished, Full
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions Fridge, Stove
Exterior
Exterior Feature Porch, Privacy
Parking Features Private, Other
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.61
Lot Depth 82.28
Total Parking Spaces 7
Building
Foundation Block
New Construction false
Others
Senior Community No
Listed by Keller Williams Experience Realty