583-585 MILL STREET

Saugeen Shores, Ontario, N0H2C4, Canada

$1,100,000

You will receive approximately $9600 gross income every month from the day you close on this fully rented 6 plex. This property has been rebuilt to an open concept loft design with white quartz countertops, stainless appliances and gas fireplaces to attract and keep good paying tenants. It sits in a convenient, quiet area. Walk tree lined streets or stroll the downtown shopping and restaurants. The grassed private yard itself is inviting with picnic table and big trees. This property will appeal to value investors, cash flow positive investors, new investors or an investor that wants to live in one of the apartments free and still enjoy $80,000 a year income. Gross Income fully rented is $116,000. Net income is approximately $96,000 based on the approximate expenses of $20,000 for taxes, utilities and insurance.

EXTRAS: Flat site

Last updated on : Friday 8th of November 2024 10:50:32 AM

ADDRESS

Street : 583-585 MILL STREET

City : Saugeen Shores

Province : Ontario

Country : Canada

Postal Code : N0H2C4

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PROPERTY SUMMARY

Property ID : X10402754

Building Type : Other

Property Type : Multi-family

Bedrooms : 8

Bathrooms : 6

Parking : 6

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