538 Nelson Street
Midland, ON
MLS® 40680650
For sale $525,000
Bedrooms
5Bathrooms
2Interior Size
1689 ft2 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.
Property Details
Listing Contract Date
2024-11-25
2024-11-25
Parking Total
7
7
Property Type
Residential
Residential
Community Features
Urban
Rectangular
Ample Parking
Beach
Cul-De-Sac
Dog Park
Park
Playground Nearby
Public Transit
Rec./Community Centre
Schools
Shopping Nearby
Building
Year Built
1989
1989
Appliances
Refrigerator
Stove
Refrigerator
Stove
Architectural Style
Bungalow Raised
Bungalow Raised
Basement Type
Full
Finished
Full
Finished
Bathrooms
2
2
Bedrooms
5
5
Building Type
Single Family Residence
Single Family Residence
Construction Materials
Brick Veneer
Vinyl Siding
Brick Veneer
Vinyl Siding
Heating
Baseboard
Electric
Baseboard
Electric
Roof
Asphalt Shing
Asphalt Shing
Sewer
Sewer (Municipal)
Sewer (Municipal)
Interior Size
1689 Square Feet
1689 Square Feet
Water Source
Municipal
Municipal
Building Amenities
High Speed Internet
Separate Hydro Meters
Land
Lot Depth
82.28 ft
82.28 ft
Lot Front
66.61 ft
66.61 ft
Lot Size Area
0.126
0.126
Acres
< 0.5 Acres
< 0.5 Acres
Zoning
R3
R3
Landscape Features
Privacy
HoodQ
Rooms
Metric
Imperial
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement Bedroom | Bedroom | 3.68 m | 3.30 m | 3.68 m x 3.30 m |
| Basement Kitchen | Kitchen | 3.30 m | 2.46 m | 3.30 m x 2.46 m |
| Basement Bathroom | Bathroom | |||
| Basement Bedroom Primary | Bedroom Primary | 5.13 m | 3.30 m | 5.13 m x 3.30 m |
| Basement Bedroom | Bedroom | 3.56 m | 2.31 m | 3.56 m x 2.31 m |
| Main Bedroom Primary | Bedroom Primary | 4.24 m | 3.63 m | 4.24 m x 3.63 m |
| Main Bathroom | Bathroom | |||
| Main Bedroom | Bedroom | 3.66 m | 3.20 m | 3.66 m x 3.20 m |
| Main Dining Room | Dining Room | 3.25 m | 2.64 m | 3.25 m x 2.64 m |
| Main Living Room | Living Room | 5.18 m | 4.65 m | 5.18 m x 4.65 m |
Eric Beutler
Salesperson
705-321-6385 (Direct)
705-321-6385 (Mobile)
Keller Williams Experience Realty, Brokerage (Unit B)
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Last Updated: 2024-11-25 15:43:37