538 Nelson Street Midland, Ontario L4R 4W3
$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:42029)
Property Details
| MLS® Number | S12101174 |
| Property Type | Multi-family |
| Community Name | Midland |
| AmenitiesNearBy | Park, Public Transit, Schools |
| CommunityFeatures | Community Centre |
| Features | Cul-de-sac |
| ParkingSpaceTotal | 7 |
| Structure | Porch |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 2 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 5 |
| Age | 31 To 50 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Stove, Refrigerator |
| ArchitecturalStyle | Raised Bungalow |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 82 Ft ,3 In |
| SizeFrontage | 66 Ft ,7 In |
| SizeIrregular | 66.6 X 82.3 Ft |
| SizeTotalText | 66.6 X 82.3 Ft|under 1/2 Acre |
| ZoningDescription | R3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 3.68 m | 3.3 m | 3.68 m x 3.3 m |
| Basement | Bedroom | 3.56 m | 2.31 m | 3.56 m x 2.31 m |
| Basement | Living Room | 5.08 m | 3.3 m | 5.08 m x 3.3 m |
| Basement | Kitchen | 3.3 m | 2.46 m | 3.3 m x 2.46 m |
| Basement | Primary Bedroom | 5.13 m | 3.3 m | 5.13 m x 3.3 m |
| Main Level | Living Room | 5.18 m | 4.65 m | 5.18 m x 4.65 m |
| Main Level | Dining Room | 3.25 m | 2.64 m | 3.25 m x 2.64 m |
| Main Level | Kitchen | 3.07 m | 2.64 m | 3.07 m x 2.64 m |
| Main Level | Primary Bedroom | 4.24 m | 3.63 m | 4.24 m x 3.63 m |
| Main Level | Bedroom | 3.66 m | 3.2 m | 3.66 m x 3.2 m |
Utilities
| Wireless | Available |
https://www.realtor.ca/real-estate/28208423/538-nelson-street-midland-midland
Interested?
Contact us for more information
Eric Beutler
Salesperson
255 King Street
Midland, Ontario L4R 3M4
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April 24 2025 03:59:29
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Keller Williams Experience Realty