538 NELSON St - 2 Bedroom House - Midland, ON
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listed 40 days ago
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listed 40 days ago
$525,000AI EST: -3.6% $506K Valuation info
538 NELSON St
2 +3
bedrooms
2
bathrooms
7
parking spaces

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.
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Sold history


General Info

2+3 bedroom detached house in Midland
538 NELSON St, MLS: S11822987

Style | Type
bungalow-raised | detached
Approx. Age
31-50
Lot Width
66.6 ft
Lot Length
82.3 ft

Rooms

Bedrooms
2+3
Total Rooms
6+6
Bathrooms
2
Basement
finished+full

Parking

Garage spaces
0
Total spaces
7
Driveway
other

Financial info

Taxes
$3,080 / 2023

Additional info

Fireplace/Stove
none
Heating
baseboard

Rooms

FloorNameSize (m)Comments
MainLiving5.18 x
4.65
MainDining3.25 x
2.64
MainKitchen3.07 x
2.64
MainPrim Bdrm4.24 x
3.63
MainBr3.66 x
3.20
MainBathroom
BsmtLiving5.08 x
3.30
BsmtKitchen3.30 x
2.46
BsmtPrim Bdrm5.13 x
3.30
BsmtBr3.68 x
3.30
BsmtBr3.56 x
2.31
BsmtBathroom

Other

Possession Details
flexible
Exterior Finish
brick+vinyl siding
Listing Brokerage
keller williams experience realty, brokerage (255 king st)
Listing Sub-Area
midland
Zoning
r3

Listing Information

Listed Price
$525,000
Listed date
25 nov 2024
Days On The Market
40
HomeSmile AI estimate
$505,986 Valuation info