538 Nelson Street, Midland, Ontario L4R 4W3 (28208423)
$499,900
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. (id:59911)
Property Details
| MLS® Number | S12101174 |
| Property Type | Multi-family |
| Community Name | Midland |
| Amenities Near By | Park, Public Transit, Schools |
| Community Features | Community Centre |
| Features | Cul-de-sac |
| Parking Space Total | 7 |
| Structure | Porch |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 5 |
| Age | 31 To 50 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Stove, Refrigerator |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 82 Ft ,3 In |
| Size Frontage | 66 Ft ,7 In |
| Size Irregular | 66.6 X 82.3 Ft |
| Size Total Text | 66.6 X 82.3 Ft|under 1/2 Acre |
| Zoning Description | R3 |
Utilities
| Electricity | Installed |
| Wireless | Available |
Interested in 538 Nelson Street, Midland, Ontario L4R 4W3?
Eric Beutler
Salesperson
255 King Street
Midland, Ontario L4R 3M4
(705) 720-2200
(705) 733-2200
www.kwexperience.ca/