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$ 525,000
Est. payment /mo
Active
538 NELSON ST Midland, ON L4R 4W3
2 Beds
2 Baths
1,689 SqFt
UPDATED:
12/11/2024 02:16 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,689 sqft
Price per Sqft $310
MLS Listing ID S11822987
Style Bungalow-Raised
Bedrooms 2
Annual Tax Amount $3,080
Tax Year 2023
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, 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.
Location
Province ON
County Simcoe
Community Midland
Area Simcoe
Region Midland
City Region Midland
Rooms
Basement Finished, Full
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Unknown
Cooling None
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Porch, Privacy
Parking Features Private, Other
Garage Spaces 7.0
Pool None
Roof Type Asphalt Shingle
Lot Depth 82.28
Total Parking Spaces 7
Building
Foundation Block
New Construction false
Listed by Keller Williams Experience Realty, Brokerage (255 King St)