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Last Updated : 375 Days ago
538 Nelson Street, Midland, ON, Midland

538 Nelson Street, Midland MLS Number: 40680663

Midland, Simcoe, ON, L4R 4W3

$525,000

Status:

  • 5+ Beds
  • 2 Baths
  • Area : 1689 sqft
  • Property Type: Residential Income (Duplex Up/Down)
  • Property Taxes : $3080 (Tax Year:2023)
  • Listing Courtesy : Keller Williams Experience Realty, Brokerage (255 King St)

538 Nelson Street 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, 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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538 Nelson Street Property Facts

Property Type :Residential Income
MLS Number :40680663
Listing Type :Sale
Property Age :31-50 Years
Possession Date :
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Last Updated :25 Nov, 2024 (375 Days ago)
Source :The Lakelands
Area :Simcoe
City :Midland
Area Major :MD - Midland
Area Minor :MD01 - East of King Street
Postal Code : L4R 4W3
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Directions :King St to Robert St to Nelson St

538 Nelson Street Property Price & Tax Insights

Price : $525,000
Property Taxes :$3080
Tax Year :2023

538 Nelson Street, Midland Property Details

Bedrooms :5 +
Heating :Baseboard
Bathrooms :2
Approx Square Footage :1689 sqft
Virtual Tour

538 Nelson Street, Midland - Price History

2024-11

25 Nov, 2024

TREB #40680650

Listed

$525000

538 Nelson Street - Location Map and Landmarks

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