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#1, #2, #3, #4 - 490 Mill Street

Saugeen Shores, Ontario, N0H2C0

$845,000

MLS®#: X12146433
6
Beds
4
Baths
3000 - 3500
Sq. Ft.
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:10317)

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Property Details
Status: For sale
Address: #1, #2, #3, #4 - 490 MILL STREET, Saugeen Shores, N0H2C0
MLS: X12146433
Lot Size: 66 x 132 FT
Heating: Forced air, Natural gas
Water: Municipal water
Floor Space: 3000 - 3500
Lot Size: 66 x 132 FT
Exterior: Brick
Basement: Unfinished, N/A
Agency: Courtesy of Royal LePage D C Johnston Realty
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