$525,000
FOR SALE

Detached Bungalow-Raised

Bedrooms: 2+3Bathrooms: 2Lot: 66.61 x 0 m

538 Nelson Street
Midland, ON L4R 4W3

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:47421)
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Listed By Keller Williams Experience Realty
Data Provided By OnePoint Association of REALTORS®
MLS® Listing Number S11822987
Last Updated Dec 11, 2024
Property Summary
Property Type Detached

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Community Midland
Price History

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Detailed Information
Bedrooms 2+3
Bathrooms 2
Lot 66.61 x 0 m
Listing Contract Date 2024-11-25
Location Description King St to Robert St to Nelson St
Ownership Type Freehold
# of Parking Spaces 7
Property Type Single Family
Structures Porch
Transaction Type For sale
Zoning Description R3
Building
Appliances Refrigerator, Stove
Architectural Style Raised bungalow
Basement Development Finished
Basement Type Full (Finished)
Construction Style (Attachment) Detached
Exterior Finish Brick, Vinyl siding
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 1
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomBasement3.68 m x 3.3 m
BedroomBasement3.56 m x 2.31 m
BathroomBasementMeasurements not available
Living roomBasement5.08 m x 3.3 m
KitchenBasement3.3 m x 2.46 m
Primary BedroomBasement5.13 m x 3.3 m
Living roomMain level5.18 m x 4.65 m
Dining roomMain level3.25 m x 2.64 m
KitchenMain level3.07 m x 2.64 m
Primary BedroomMain level4.24 m x 3.63 m
BedroomMain level3.66 m x 3.2 m
BathroomMain levelMeasurements not available
Utilities
Type Description
WirelessAvailable
Land
Total Size 66.61 x 82.28 Acre | under 1/2 acre
Sewer Sanitary sewer
Size of Irregular Land 66.61 x 82.28 Acre
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