490 Mill ST ##1, #2, #3, #4 Active Save Request In-Person Tour Request Virtual Tour
Saugeen Shores,ON N0H 2C0
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Saugeen Shores
MLS Listing ID X12146433
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,279
Tax Year 2024
Property Sub-Type Fourplex
Property 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!
Location
Province ON
County Bruce
Community Saugeen Shores
Area Bruce
Rooms
Family Room No
Kitchen 4
Interior
Cooling Other
Exterior
Exterior Feature Porch
Parking Features Unreserved,Available
Pool None
Roof Type Shingles
Building
Building Age 100+
Foundation Stone
Others
Virtual Tour https://unbranded.youriguide.com/490_mill_st_port_elgin_on/