For Sale

$845,000

#1, #2, #3, #4 - 490 MILL STREET , Saugeen Shores, Ontario N0H2C0

6 Beds 4 Baths

Remarks

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:27)

Property Summary

  • Neighbourhood: Saugeen Shores
  • Lot Frontage: 66.0 Feet
  • Lot Depth: 132.0 Feet
  • Lot Size: 66 x 132 FT
  • No. of Parking Spaces: 4
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Bedrooms: 6
  • Bathrooms (Total): 4
  • Zoning: R1

Property Features:

  • Parking Type:
    No Garage , Shared
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer
  • Structure Type:
    Porch , Barn

Building Features:

  • Amenities:
    Separate Hydro Meters
  • Appliances:
    Dishwasher , Dryer , Microwave , Stove , Washer , Refrigerator
  • Basement Development:
    Unfinished
  • Basement Type:
    N/A
  • Building Type:
    Fourplex
  • Exterior Finish:
    Brick
  • Foundation Type:
    Stone
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Rooms

  • Kitchen:
    Level: 2nd 3.96 m x 2.03 m
  • Dining:
    Level: 2nd 3.92 m x 2.91 m
  • Living:
    Level: 2nd 3.94 m x 3.94 m
  • Bedroom:
    Level: 2nd 3.45 m x 3.47 m
  • 2nd Bedroom:
    Level: 2nd 3.53 m x 3.61 m
  • Sun Room:
    Level: 2nd 2.75 m x 6.06 m
  • Kitchen:
    Level: 2nd 2.25 m x 4.20 m
  • Living:
    Level: 2nd 4.10 m x 4.24 m
  • Bedroom:
    Level: 2nd 3.48 m x 3.57 m
  • Family:
    Level: Main 4.67 m x 4.68 m
  • Living:
    Level: Main 4.66 m x 4.32 m
  • Bedroom:
    Level: Main 2.71 m x 3.00 m
  • 2nd Bedroom:
    Level: Main 4.39 m x 3.70 m
  • Kitchen:
    Level: Main 3.16 m x 4.24 m
  • Sun Room:
    Level: Main 2.75 m x 5.97 m
  • Sun Room:
    Level: Main 1.73 m x 4.48 m
  • Kitchen:
    Level: Main 2.53 m x 3.39 m
  • Living:
    Level: Main 4.15 m x 4.26 m
  • Bedroom:
    Level: Main 2.61 m x 3.73 m

Office Listing: 

Melisa Berner Sales Representative

Lifestyle
Neighbourhood Info
Cara Turcotte

Cara Turcotte

Broker

Phone:  519.797.5544

Mobile:  519.385.2385

Fax:  519.797.2631

logo

Royal LePage D.C. Johnston Realty, Brokerage (Independently owned and operated)

200 HIGH STREET PO BOX 399
Southampton,  ON N0H2L0

Get More Info

Get More Info

Book a tour