$ 799,900
-
$799,900
Price -
6
Bed -
4
Bath -
3,000
SqFt
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About the Listing 571200 -
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 Highlights
Status
Active
Days on Site
427
Property Type
Multi-Family
MLS ®
X12146433
Year Built
Total Square Footage
3,000
Lot/Acreage
8712
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: Separate Hydro Meter,4 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Shingles
- Others: Porch
- Sewer: Sewer
- Parking Features: Unreserved,Available,No Garage
Financial Details
- Tax Amount: $4,672
- Taxes w/Assessments: N/A
- Tax/Property ID: 332710262
- Tax Year: 2025
Payment Calculator
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Questions About..
490 Mill Street #1, #2, #3, #4 Saugeen Shores, ON N0H 2C0
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