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Main picture of #1, #2, #3, #4 - 490 MILL STREET
Secondary picture of #1, #2, #3, #4 - 490 MILL STREET
Third picture of #1, #2, #3, #4 - 490 MILL STREET

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#1, #2, #3, #4 - 490 MILL STREET

Saugeen Shores, Ontario

$845,000.00


6
4
66 x 132 FT

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!

Listing Info:

Price:
$845,000.00
Property Type:
Multi-family
Stories:
2
Bedrooms:
6
Bathrooms:
4
Partial Bathrooms:
0
Lot Size:
66 x 132 FT
Exterior Finish:
Brick
Foundation Type:
Stone
Status:
For sale

Room Information:

FloorTypeSize
Second levelBedroom3.48 m x 3.57 m
Second levelBedroom3.45 m x 3.47 m
Second levelBedroom 23.53 m x 3.61 m
Second levelDining room3.92 m x 2.91 m
Second levelKitchen2.25 m x 4.2 m
Second levelKitchen3.96 m x 2.03 m
Second levelLiving room3.94 m x 3.94 m
Second levelLiving room4.1 m x 4.24 m
Second levelSunroom2.75 m x 6.06 m
Main levelBedroom2.71 m x 3 m
Main levelBedroom2.61 m x 3.73 m
Main levelBedroom 24.39 m x 3.7 m
Main levelFamily room4.67 m x 4.68 m
Main levelKitchen3.16 m x 4.24 m
Main levelKitchen2.53 m x 3.39 m
Main levelLiving room4.15 m x 4.26 m
Main levelLiving room4.66 m x 4.32 m
Main levelSunroom2.75 m x 5.97 m
Main levelSunroom1.73 m x 4.48 m

Location:

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


Realtor