ON > Saugeen Shores > Saugeen Shores
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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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 845,000
Est. payment | /mo

6 Beds

4 Baths

Save Virtual Tour
$ 845,000
Est. payment | /mo
Save Virtual Tour

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

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

Basement Unfinished

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling Other

Fireplace No

Heat Source Gas

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

Building Age 100+

Foundation Stone

Others

Virtual Tour https://unbranded.youriguide.com/490_mill_st_port_elgin_on/

Listed by Royal LePage D C Johnston Realty
Mahesh Khatri

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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