538 Nelson Street For Sale

Midland, East of King Street, L4R 4W3

$525,000

Description

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.

Refrigerator,Stove

Location

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  • Address: 538 Nelson Street
  • Neighborhood: East of King Street
  • City: Midland
  • State: ON
  • Postal Code: L4R 4W3

Property Details

  • Property ID: 40680650
  • Property Price: $525,000
  • Style: Single Family Residence, Bungalow Raised
  • Sq/Ft: 1689
  • Rooms: 6+6
  • Bedrooms: 2+3
  • Bath: 2
  • Parking Spaces: 7
  • Year Built: 1989
  • Basement: Full, Finished
  • Exterior: Brick Veneer, Vinyl Siding
  • Heating: Baseboard, Electric
  • Taxes: $3,080.00 (2023)
  • Acreage: 0.126 Acres
  • Lot: 82.28x66.61 (Acres)
  • Exposure: West

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Room details and dimensions

Statistics for similar Single Family Residence homes in East of King Street

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Single Family Residence homes in East of King Street

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Single Family Residence homes in East of King Street

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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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