538 Nelson Street Midland, Ontario L4R 4W3
$525,000
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. (id:51398)
Property Details
| MLS® Number | 40680663 |
| Property Type | Multi-family |
| Amenities Near By | Park, Playground, Public Transit, Schools, Shopping |
| Features | Cul-de-sac, Crushed Stone Driveway |
| Parking Space Total | 7 |
| Structure | Porch |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 5 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1989 |
| Cooling Type | None |
| Exterior Finish | Brick Veneer, Vinyl Siding |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1689 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 82 Ft |
| Size Frontage | 67 Ft |
| Size Irregular | 0.126 |
| Size Total | 0.126 Ac|under 1/2 Acre |
| Size Total Text | 0.126 Ac|under 1/2 Acre |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/27681005/538-nelson-street-midland
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ANDREW JOHN COCKS
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COCKS INTERNATIONAL REALTY INC., BROKERAGE
212 HWY 141, PO BOX 120
UTTERSON ON, P0B1M0
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November 25 2024 04:02:18
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