490 Mill St #1, #2, #3, #4, Saugeen Shores, Ontario N0H 2C0
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$261/sqft
Est. Mortgage$3,629/mo
Tax Amount (2024)$4,279/yr
Days On Market22 days
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!
Property Details
Interior
Features
2nd Floor
Br
3.45 x 3.47W/O To Balcony
2nd Br
3.53 x 3.61Sunroom
2.75 x 6.06Kitchen
3.96 x 2.03Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 4
Property History

