23

Multi-family For Sale $799,900 #1, #2, #3, #4 - 490 MILL STREET, Saugeen Shores, Ontario

MLS#: X12146433

Royal LePage D C Johnston Realty
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Summary
Status
Active

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Address
#1, #2, #3, #4 - 490 MILL STREET, Saugeen Shores, Ontario
Size
Listing Type
For Sale
Property Type
Multi-family
Commercial Type
Fourplex

Photos

23

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:23770)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City Saugeen Shores
Province Ontario
PostalCode N0H2C0
Country Canada
Location Description Cross Streets: Mill & Kaake. ** Directions: Heading south on Goderich street, turn west on Mill street, home on the left at the corner of Mill and Kaake.
Community Name Saugeen Shores
Street Address #1, #2, #3, #4 - 490 MILL STREET
Property TypeMulti-family
Transaction TypeFor Sale
MLS #X12146433
Size Frontage66 ft
AcreageNo
SewerSanitary sewer
Size Depth132 ft
Size Irregular66 x 132 FT
Zoning DescriptionR1
Property TypeMulti-family
Stories Total 2
Size Interior 3000 - 3500 sqft
Type Fourplex
Utility Water Municipal water
Parking Space Total 4
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
Fireplace Present False
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Forced air
Structure Porch, Barn
Price 799900.00
Listing Contract Date 2025-05-14
Lease 0.00
%

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Contact

For more details, please contact our specialists.

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Add to Collection
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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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