490 Mill Street,Saugeen Shores, ON N0H2C0
Saugeen Shores, ON N0H2C0
Description
Attention Investors! Seize a unique opportunity in Port Elgin with this fully tenanted fourplex nestled within a distinguished century home. This property features an ideal unit mix of two spacious two-bedroom units and two well-appointed one-bedroom units, providing a diversified income stream. Benefit from the convenience of on-site shared laundry and included parking for all tenants. Currently generating a $5000 per month, this property offers immediate cash flow. Adding significant value, both one-bedroom units have been recently renovated. The main floor units boast impressive 12-foot ceilings and the home's historic detailing shines through, including stunning original wooden pocket doors dividing the living and dining spaces. This home holds so much character - it could be beautifully restored to its former glory, all while capitalizing on consistent rental income. Don't miss out on this prime investment in a desirable location within our growing community! (id:13843)
Details
| MLS # | X12146433 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 530 |
| Listing Provided By | Royal LePage D C Johnston Realty | MELISA BERNER |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,000 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R1 |
Interior
| Heating | Forced air, Natural gas |
|---|---|
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Stone |
|---|
Parking
| Parking Features | No Garage, Shared |
|---|---|
| Parking Total | 4 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4672 |
|---|---|
| Tax Year | 2024 |
Area Information
| Province | ON |
|---|---|
| City | Saugeen Shores |
| Postal Code | N0H2C0 |
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Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Saugeen Shores |
| Postal Code | N0H2C0 |
