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490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0

Saugeen Shores, ON, N0H 2C0

6 Beds
4 Baths
Sq Ft
Fourplex Type
X12146433 MLS#

About this property

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!

Property Details

Property Type Residential Freehold
Property Sub-Type Fourplex
Bedrooms 6
Bathrooms 4
Annual Tax $4,672
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