538 Nelson St

Midland, ON L4R 4W3
  • $499,900

    Price
  • 5

    Bed
  • 2

    Bath
  • 700

    SqFt

About the Listing 575302 -

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.

Listing Highlights for 538 Nelson St

Status Active
Days on Site 139
Property Type Multi-Family
MLS ® S12101174
Year Built
Total Square Footage 700
Lot/Acreage 0.13
County Simcoe
Neighborhood Midland

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other: Separate Hydro Meter
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Asphalt Shingle
  • Others: Porch,Privacy
  • Sewer: Sewer
  • Parking Features: Private

Financial Details

  • Tax Amount: $3,202
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 584710087
  • Tax Year: 2024

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538 Nelson St Midland, ON L4R 4W3

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