About 490 Mill Street #1, #2, #3, #4
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!
Features of 490 Mill Street #1, #2, #3, #4
| MLS® # | X12146433 |
|---|---|
| Price | $845,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 3,000 |
| Acres | 0.00 |
| Type | Residential Freehold |
| Sub-Type | Fourplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 490 Mill Street #1, #2, #3, #4 |
|---|---|
| Area | Bruce |
| Subdivision | Saugeen Shores |
| City | Saugeen Shores |
| Province | ON |
| Postal Code | N0H 2C0 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Other |
| Fireplace | No |
| Basement | Unfinished |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | Royal LePage D C Johnston Realty |
|---|