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538 Nelson Street Midland, Ontario L4R 4W3

5 Bedroom 2 Bathroom 1689 sqft
Raised Bungalow None 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:54532)

Photos

Property Details

MLS® Number 40680650
Property Type Single Family
AmenitiesNearBy Beach, Park, Playground, Public Transit, Schools, Shopping
CommunicationType High Speed Internet
CommunityFeatures Community Centre
Features Cul-de-sac, Crushed Stone Driveway
ParkingSpaceTotal 7
Structure Porch

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsBelowGround 3
BedroomsTotal 5
Appliances Refrigerator, Stove
ArchitecturalStyle Raised Bungalow
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1989
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Brick Veneer, Vinyl Siding
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 1
SizeInterior 1689 Sqft
Type House
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Beach, Park, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 82 Ft
SizeFrontage 67 Ft
SizeIrregular 0.126
SizeTotal 0.126 Ac|under 1/2 Acre
SizeTotalText 0.126 Ac|under 1/2 Acre
ZoningDescription R3

Rooms

Level Type Dimensions
Basement 4pc Bathroom Measurements not available
Basement Bedroom 11'8'' x 7'7''
Basement Bedroom 12'1'' x 10'10''
Basement Primary Bedroom 16'10'' x 10'10''
Basement Kitchen 10'10'' x 8'1''
Basement Living Room 16'8'' x 10'10''
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 12'0'' x 10'6''
Main Level Primary Bedroom 13'11'' x 11'11''
Main Level Kitchen 10'1'' x 8'8''
Main Level Dining Room 10'8'' x 8'8''
Main Level Living Room 17'0'' x 15'3''

Utilities

Electricity Available

https://www.realtor.ca/real-estate/27681006/538-nelson-street-midland

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