Property Details

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For Sale
$845,000
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MLS® #: X12146433
$845,000 / property
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0
📍 Saugeen Shores, ON N0H 2C0
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6
Bedrooms
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4
Bathrooms
🚗
4
Parking
🏠
Residential Freehold
Type

About This Property

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!

Listing Contracted With: Royal LePage D C Johnston Realty

Listed By

Siva Kandiah
Siva Kandiah
Re/Max Ace Realty Inc.
★★★★★ 5.0 Rating

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