Saugeen Shores, ON N0H 2C0,490 Mill ST ##1, #2, #3, #4
Saugeen Shores, ON N0H 2C0,490 Mill ST ##1, #2, #3, #4
Saugeen Shores, ON N0H 2C0,490 Mill ST ##1, #2, #3, #4
Saugeen Shores, ON N0H 2C0,490 Mill ST ##1, #2, #3, #4
Saugeen Shores, ON N0H 2C0,490 Mill ST ##1, #2, #3, #4
Saugeen Shores, ON N0H 2C0,490 Mill ST ##1, #2, #3, #4
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$ 845,000
Est. payment | /mo

6 Beds

4 Baths


$ 845,000
Est. payment | /mo

6 Beds

4 Baths

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

Building Age 100+

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

Zoning R1

Rooms

Family Room No

Basement Unfinished

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling Other

Inclusions Kaake - Fridge, Stove, Dishwasher, Microwave. Mill - Fridge, Stove, Microwave. Dandelion - Fridge Stove, Dishwasher, Microwave. Walnut - Fridge Stove Microwave. Washer and Dryer in basement

Exterior

Exterior Feature Porch

Parking Features Unreserved, Available

Pool None

Roof Type Shingles

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 4

Building

Foundation Stone

Others

Senior Community No

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Listed by Royal LePage D C Johnston Realty

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490 Mill ST ##1, #2, #3, #4

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