538 Nelson Street Active Save Request In-Person Tour Request Virtual Tour
Midland,ON L4R 4W3
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 867 sqft
Price per Sqft $605
MLS Listing ID 40680650
Style Bungalow Raised
Bedrooms 5
Full Baths 2
Abv Grd Liv Area 1,689
Originating Board The Lakelands
Year Built 1989
Annual Tax Amount $3,080
Lot Size 5,488 Sqft
Acres 0.126
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 County
Area Md - Midland
Zoning R3
Direction King St to Robert St to Nelson St
Rooms
Basement Full,Finished
Kitchen 2
Interior
Interior Features High Speed Internet,Separate Hydro Meters
Heating Baseboard,Electric
Cooling None
Fireplace No
Appliance Refrigerator,Stove
Exterior
Exterior Feature Privacy
Parking Features Gravel
Utilities Available Cell Service,Electricity Connected,Garbage/Sanitary Collection,Recycling Pickup
Roof Type Asphalt Shing
Porch Porch
Lot Frontage 66.61
Lot Depth 82.28
Garage No
Building
Lot Description Urban,Rectangular,Ample Parking,Beach,Cul-De-Sac,Dog Park,Park,Playground Nearby,Public Transit,Rec./Community Centre,Schools,Shopping Nearby
Faces King St to Robert St to Nelson St
Foundation Block
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Bungalow Raised
Structure Type Brick Veneer,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 584710087
Ownership Freehold/None