#1, #2, #3, #4 – 490 Mill Street, Saugeen Shores, Ontario N0H 2C0 (28308494)


LOADING

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

No Garage
Shared

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

Interested in #1, #2, #3, #4 - 490 Mill Street, Saugeen Shores, Ontario N0H 2C0?

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Melisa Berner
Salesperson

(519) 386-9930
www.melisaberner.com/
www.facebook.com/melisabernerrealestate

Royal LePage D C Johnston Realty
200 High St
Southampton, Ontario N0H 2L0

(519) 797-5544
www.dcjohnstonrealty.com/