6 Bedroom
4 Bathroom
3,000 - 3,500 ft2
Forced Air
$845,000
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:59911)
Property Details
MLS® Number
|
X12146433 |
Property Type
|
Multi-family |
Community Name
|
Saugeen Shores |
Parking Space Total
|
4 |
Structure
|
Porch, Barn |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
6 |
Bedrooms Total
|
6 |
Age
|
100+ Years |
Amenities
|
Separate Electricity Meters |
Appliances
|
Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
Basement Development
|
Unfinished |
Basement Type
|
N/a (unfinished) |
Exterior Finish
|
Brick |
Foundation Type
|
Stone |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
3,000 - 3,500 Ft2 |
Type
|
Fourplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
132 Ft |
Size Frontage
|
66 Ft |
Size Irregular
|
66 X 132 Ft |
Size Total Text
|
66 X 132 Ft|under 1/2 Acre |
Zoning Description
|
R1 |