#1, #2, #3, #4 - 490 Mill Street, Saugeen Shores Property Listing: MLS® #X12146433

About #1, #2, #3, #4 - 490 Mill Street

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:36535)

Features of #1, #2, #3, #4 - 490 Mill Street

Listing #	X12146433
Price	$845,000
Bedrooms	6
Bathrooms	4.00
Acres	0.00
Type	Multi-family

Community Information

Address	#1, #2, #3, #4 - 490 Mill Street
Subdivision	Saugeen Shores
City	Saugeen Shores
Province	Ontario
Postal Code	N0H2C0

Amenities

Amenities	Separate Electricity Meters
Parking Spaces	4
Parking	No Garage, Shared
Is Waterfront	No
Has Pool	No

Interior

Appliances	Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Heating	Natural gas Forced air
Fireplace	No
# of Stories	2
Has Basement	No
Basement Type	N/A (Unfinished)
Basement Development	Unfinished

Exterior

Exterior	Brick
Lot Description	66 x 132 FT\|under 1/2 acre
Foundation	Stone

Listing Details

Office	Courtesy Of MELISA BERNER Of Royal LePage D C Johnston Realty

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