490 Mill Street #1, Saugeen Shores — For Sale in Saugeen Shores
6 bed · 4 bath · Fourplex for sale in Saugeen Shores.
490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0
About This Property
Now for sale at 490 Mill Street #1 in Saugeen Shores: a 6-bedroom, 4-bathroom fourplex listed at $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!
Property Specifications
| MLS® Number | X12146433 |
|---|---|
| Status | For Sale |
| List Price | $845,000 |
| Property Type | Residential Freehold |
| Sub Type | Fourplex |
| Transaction Type | For Sale |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Parking | 4 spaces |
| Address | 490 Mill Street #1, #2, #3, #4, Saugeen Shores, ON N0H 2C0 |
| City | Saugeen Shores |
| Postal Code | N0H 2C0 |
Listing Contracted With: Royal LePage D C Johnston Realty
