490 MILL STREET

Saugeen Shores, , N0H2C0, Canada

$845,000

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!

EXTRAS: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave

Virtual Tour: https://unbranded.youriguide.com/490_mill_st_port_elgin_on/

Last updated on : Wednesday 14th of May 2025 09:10:14 AM

ADDRESS

Street : 490 MILL STREET

City : Saugeen Shores

Country : Canada

Postal Code : N0H2C0

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PROPERTY SUMMARY

Property ID : X12146433

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 4

Parking : 4

Parking Type: No Garage, Shared

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