538 Nelson Street, Midland ON L4R 4W3

$ 525,000
538 Nelson Street, Midland ON L4R 4W3,
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Overview

  • Updated On:
  • November 25, 2024
  • 5 Bedrooms
  • 2 Bathrooms
  • 867 ft2

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.

Address: 538 Nelson Street, Midland ON L4R 4W3
City:
State/County:
Zip: L4R 4W3
Country: CA
Open In Google Maps
Property Id : 2327177
Price: $ 525,000
Property Size: 867 ft2
Property Lot Size: 0 ft2
Bedrooms: 5
Bathrooms: 2
Other Features
Has Heating System
Open Parking
Privacy
Refrigerator
Separate Hydro Meters
Stove
$ 2,035.53
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,035.53

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif