538 NELSON STREET new

Midland,ON L4R4W3

$ 499900

5 Beds

2 Baths

700 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $714

Subdivision Midland

MLS Listing ID S12101174

Style Raised bungalow

Bedrooms 5

Originating Board OnePoint Association of REALTORS®

Property 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, 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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 3.68 m X 3.3 m Bedroom

Extra Room 2 Basement 3.56 m X 2.31 m Bedroom

Extra Room 3 Basement 5.08 m X 3.3 m Living room

Extra Room 4 Basement 3.3 m X 2.46 m Kitchen

Extra Room 5 Basement 5.13 m X 3.3 m Primary Bedroom

Extra Room 6 Main level 5.18 m X 4.65 m Living room

Interior

Heating Baseboard heaters

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Raised bungalow

Others

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