$799,900
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0
6 beds4 baths4 parking 3000-3500 ft²
Key facts
- MLS®
- X12146433
- Status
- Price Change
- Type
- Fourplex
- Taxes
- $4,672
- Size
- 3000-3500 ft²
- Parking
- 4 total
- Lot
- 8712 Feet
- Listed
- 2025-05-14
- Brokerage
- Royal LePage D C Johnston Realty
- Cross street
- Mill & Kaake
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!
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.