Midland, ON L4R 4W3,538 Nelson Street
Midland, ON L4R 4W3,538 Nelson Street
Midland, ON L4R 4W3,538 Nelson Street
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Listed by Eric Beutler • Keller Williams Experience Realty, Brokerage (255 King St)
$525,000
Est. payment /mo
5 Beds
2 Baths
867 SqFt

UPDATED:

11/25/2024 03:43 PM

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


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agent

Isaac Rosebrugh

+1(519) 754-6611

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