#1, #2, #3, #4 - 490 MILL STREET
Saugeen Shores, Ontario, N0H2C0
For Sale | $845,000 | 6 beds | 4 baths
Key facts
- Property type: Multi-family
- Structure: Fourplex
- Transaction: For Sale
- Price: $845,000
- Bedrooms: 6
- Bathrooms: 4
- Lot size: 66 x 132 FT
- Parking: 4
- Listing key: 28308494
Listing overview
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...
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