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$ 399,900
Est. payment /mo
Active
543 Nelson ST Midland, ON L4R 3L7
5 Beds
2 Baths
UPDATED:
02/05/2025 06:26 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Midland
MLS Listing ID S11955441
Style 2-Storey
Bedrooms 5
Annual Tax Amount $2,955
Tax Year 2024
Property Sub-Type Duplex
Property Description
Whether you're a first-time investor or a seasoned pro, this duplex offers incredible potential at an affordable price. The upper unit features a flexible layout, either a 1-bedroom plus den or a 2-bedroom setup, while the spacious lower unit boasts 3 bedrooms, with a fourth room ready to be finished. With room for improvements and future rent increases upon turnover, this property presents a fantastic value-add opportunity. Centrally located, it's just a short distance from a public school, recreation center, Little Lake park, and public transit, making it highly desirable for tenants. Each unit has its own separate meter and dedicated driveway, adding to the convenience. A smart investment today that will pay dividends in the future, act fast, as this opportunity wont last long!
Location
Province ON
County Simcoe
Community Midland
Area Simcoe
Zoning R3
Rooms
Family Room No
Basement Full, Partially Finished
Kitchen 1
Interior
Interior Features None
Cooling None
Inclusions All Appliances
Exterior
Parking Features Private Double
Pool None
View Downtown
Roof Type Asphalt Shingle
Lot Frontage 66.5
Lot Depth 82.5
Total Parking Spaces 5
Building
Foundation Stone
Others
Senior Community No
Virtual Tour https://www.youtube.com/watch?v=cYIfnBWITdI
Listed by Keller Williams Experience Realty