A pic from exterior of the house or condo, the front or back of building for 583-585 Mill St, Saugeen Shores Ontario N0H 2C4
22 days on Market

583-585 Mill St, Saugeen Shores, Ontario N0H 2C4

$1,100,000
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Townhouse
-
-
~4055 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$271/sqft

Est. Mortgage$4,724/mo

Tax Amount (2023)$3,921/yr

Days On Market22 days


Description

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.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~4055 SqFt
Lot Size8,712 SqFt(132 x 66)
Parking Spaces8
MLS ®Number40672965
Community NameSaugeen Shores
Data SourceITSO

Features

Heating: Fireplace(s), Other
Cooling: Ductless
Basement: Partial, Unfinished

Features

Lot size: 8,712 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

Now
ListedFor Salefor$1,100,000Active
22 days on market
Listing by trreb®
history photo preview1
Now
ListedFor Salefor$1,100,000Active
22 days on market
Listing by itso®
history photo preview1
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Property listed by RE/MAX ADVANTAGE REALTY LTD., Brokerage
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