538 Nelson Street, Midland, ON

$499,900

Previous Next

2

Beds

2

Baths

700

Square feet

0.13

Acres

About 538 Nelson Street

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, youll 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 youre 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, its a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other.

Features of 538 Nelson Street

MLS® # S12101174
Price $499,900
Bedrooms 2
Bathrooms 2.00
Square Footage 700
Acres 0.13
Type Residential Freehold
Sub-Type Duplex
Style Bungalow-Raised
Status Active

Community Information

Address 538 Nelson Street
Area Simcoe
Subdivision Midland
City Midland
Province ON
Postal Code L4R 4W3

Amenities

Parking Spaces 7
Garages None
Is Waterfront No
Pool None

Interior

Heating Baseboard
Cooling None
Fireplace No
Basement Finished, Full

Exterior

Exterior Brick, Vinyl Siding

Listing Details

OfficeKeller Williams Experience Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?