538 NELSON STREET

Multi-family For Sale in Midland, Ontario

$499,900
  • 5 Beds
  • 2 Baths
  • 7,001,100 Sq. Ft.
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:4069)
Address
538 NELSON STREET
List Price
$499,900
Property Type
Multi-family
Type of Dwelling
Duplex
Style of Home
Raised bungalow
Area
Ontario
Sub-Area
Midland
Bedrooms
5
Bathrooms
2
Floor Area
7,001,100 Sq. Ft.
Lot Size
66.6 x 82.3 FT Sq. Ft.
MLS® Number
S12101174
Listing Brokerage
Keller Williams Experience Realty
Basement Area
Full (Finished)
Postal Code
L4R4W3
Zoning
R3
Site Influences
Park, Public Transit, Schools
Features
Cul-de-sac
Amenities
Separate Electricity Meters

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