538 Nelson St, Midland, Ontario L4R 4W3
Contact us about this property
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
Interior
Features
Basement Floor
Bathroom
4-Piece
Living Room
5.08 x 3.30Kitchen
3.30 x 2.46Bedroom Primary
5.13 x 3.30Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 7