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Saugeen Shores
#1, #2, #3, #4 - 490 MILL STREET
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#1, #2, #3, #4 - 490 MILL STREET $845,000
5 days ago
$845,000
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#1, #2, #3, #4 - 490 MILL STREET
Saugeen Shores, Ontario N0H2C0

MLS® Number: X12146433
6
Bedrooms
4
Bathrooms
3000 - 3500
Square Feet

Listing 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! (40454927)

Location Description

Mill & Kaake

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
3000 - 3500 sqft
Community Name
Saugeen Shores
Land Size
66 x 132 FT|under 1/2 acre
Age Of Building
100+ years
Annual Property Taxes
$4,279
Parking Type
No Garage, Shared
Time on REALTOR.ca
5 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
4
Interior Features
Appliances Included
Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Stone
Building Amenities
Separate Electricity Meters
Structures
Porch, Barn
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage, Shared
Total Parking Spaces
4

Measurements

Square Footage
3000 - 3500 sqft

Rooms

MetricImperial
Main level
Family room
Living room
Bedroom
Bedroom 2
Kitchen
Sunroom
Sunroom
Kitchen
Living room
Bedroom
Second level
Kitchen
Dining room
Living room
Bedroom
Bedroom 2
Sunroom
Kitchen
Living room
Bedroom

Land

Lot Features
Frontage
66 ft
Land Depth
132 ft
Other Property Information
Zoning Description
R1
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4
519-797-5544
REALTOR® Website
Email
Book showing
Royal LePage D C Johnston Realty
Brokerage
200 HIGH ST
SOUTHAMPTON, Ontario N0H2L0
519-797-5544
Office Website

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