Frontside or backside of a home, cottage for 538 Nelson St, Midland Ontario L4R 4W3
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Floor plan for 538 Nelson St, Midland Ontario L4R 4W3
1 day on Market

538 Nelson St, Midland, Ontario L4R 4W3

$525,000
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Detached
2 + 3
2
~1689 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$310/sqft

Est. Mortgage$2,255/mo

Tax Amount (2023)$3,080/yr

Days On Market1 day


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.


Property Details

StyleBungalow Raised
View-
Age of property1989
SqFt~1689 SqFt
Lot Size5,480 Ac(82.28 x 66.61)
Parking Spaces7
MLS ®Number40680650
Community NameMidland
Data SourceITSO

Features

Heating: Baseboard, Electric
Basement: Full, Finished

Basement Floor

Bathroom

4-Piece

Living Room

5.08 x 3.30

Kitchen

3.30 x 2.46

Bedroom Primary

5.13 x 3.30


Features

Lot size: 5,480 Ac
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property History

Now
ListedFor Salefor$525,000Active
17 hours on market
Listing by trreb®
history photo preview21
Now
ListedFor Salefor$525,000Active
1 day on market
Listing by itso®
history photo preview20
Now
ListedFor Salefor$525,000Active
1 day on market
Listing by itso®
history photo preview20
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Property listed by Keller Williams Experience Realty, Brokerage (255 King St), Brokerage
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