538 NELSON Street, Midland | Image 1

538 NELSON Street

Midland, Midland

  • 2 bed 2 bath
$525,000 est.*: $1,778/mo
For Sale

Added 2 months ago

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  • Type: Detached

  • Style: Bungalow-Raised

  • Lot Size: 66.61 x 82.28 Acres

  • Age: 31-50 years

  • Taxes: $3,080 per year

  • Days on Site: 15 Days

  • Added: Nov 25, 2024 (2 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • MLS®#: S11822987

  • Listed By: Keller williams experience realty, brokerage (255 king st)

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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Property

  • Status: Sale

  • Property Type: Detached

  • Style: Bungalow-Raised

  • Age: 31-50

  • Area: Midland

  • Community: Midland

  • Availability Date: Flexible

  • Assessment Amount: $194,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 2

  • Bedrooms Plus: 3

  • Bathrooms: 2

  • Kitchens: 1

  • Kitchens Plus: 1

  • Rooms: 6

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 2

Utilities

  • Electricity: Yes

Building

  • Basement: Finished

  • Basement 2: Full

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Other

  • Covered Parking Spaces: 7

  • Total Parking Spaces: 7

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 7 E/S KING ST PL 173 MIDLAND AS IN RO1249910; MIDLAND

  • Taxes: $3,080

Land

  • Cross Street: King St to Robert St

  • Municipality District: Midland

  • Parcel Number: 584710087

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 82.28 Acres

  • Lot Frontage: 66.61 Acres

  • Acres: < .50

  • Zoning: R3

  • Rural Services: Recycling Pckup

Rooms

Room details for 538 NELSON Street, Midland

Type Dimensions
Living Main 4.65 x 5.18
Dining Main 2.64 x 3.25
Kitchen Main 2.64 x 3.07
Prim Bdrm Main 3.63 x 4.24
Br Main 3.20 x 3.66
Bathroom Main -
Living Bsmt 3.30 x 5.08
Kitchen Bsmt 2.46 x 3.30
Prim Bdrm Bsmt 3.30 x 5.13
Br Bsmt 3.30 x 3.68
Br Bsmt 2.31 x 3.56
Bathroom Bsmt -
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Very Walkable

  • Most errands can be accomplished on foot.
71 /100

Somewhat Bikeable

  • Most errands require a car.
46 /100
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