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

Listed for:
$845,000
6 beds
4 baths
Listed 7 days ago
Fourplex for rent: #1, #2, #3, #4 - 490 Mill Street, Saugeen Shores, Ontario N0H 2C0

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Learn more about this property
Listing provided by:
Royal LePage D C Johnston Realty
MLS® number:
X12146433
Agent:
Melisa Berner
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About

Cross Streets: Mill & Kaake. ** Directions: Heading south on Goderich street, turn west on Mill street, home on the left at the corner of Mill and Kaake. 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:27476)

Property Highlights

MLS® Number
X12146433
Type
Multi-family
Community Name
Saugeen Shores
Land Size
66 x 132 FT|under 1/2 acre
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
3000 - 3500 sqft
Bathrooms Total
4
Bedrooms Above Ground
6
Bedrooms Total
6
Amenities
Separate Electricity Meters
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Kitchen
Second level
3.96 m x 2.03 m
Dining room
Second level
3.92 m x 2.91 m
Living room
Second level
3.94 m x 3.94 m
Bedroom
Second level
3.45 m x 3.47 m
Bedroom 2
Second level
3.53 m x 3.61 m
Sunroom
Second level
2.75 m x 6.06 m
Kitchen
Second level
2.25 m x 4.2 m
Living room
Second level
4.1 m x 4.24 m
Bedroom
Second level
3.48 m x 3.57 m
Family room
Main level
4.67 m x 4.68 m
Living room
Main level
4.66 m x 4.32 m
Bedroom
Main level
2.71 m x 3 m
Bedroom 2
Main level
4.39 m x 3.7 m
Kitchen
Main level
3.16 m x 4.24 m
Sunroom
Main level
2.75 m x 5.97 m
Sunroom
Main level
1.73 m x 4.48 m
Kitchen
Main level
2.53 m x 3.39 m
Living room
Main level
4.15 m x 4.26 m
Bedroom
Main level
2.61 m x 3.73 m

Location

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