#1, #2, #3, #4 - 490 Mill Street Saugeen Shores, Ontario N0H 2C0
$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! (id:48745)
Property Details
| MLS® Number | X12146433 |
| Property Type | Multi-family |
| Community Name | Saugeen Shores |
| Parking Space Total | 4 |
| Structure | Porch, Barn |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage | |
| Shared |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 132 Ft |
| Size Total Text | 66 X 132 Ft|under 1/2 Acre |
| Zoning Description | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.96 m | 2.03 m | 3.96 m x 2.03 m |
| Second Level | Dining Room | 3.92 m | 2.91 m | 3.92 m x 2.91 m |
| Second Level | Living Room | 3.94 m | 3.94 m | 3.94 m x 3.94 m |
| Second Level | Bedroom | 3.45 m | 3.47 m | 3.45 m x 3.47 m |
| Second Level | Bedroom 2 | 3.53 m | 3.61 m | 3.53 m x 3.61 m |
| Second Level | Sunroom | 2.75 m | 6.06 m | 2.75 m x 6.06 m |
| Second Level | Kitchen | 2.25 m | 4.2 m | 2.25 m x 4.2 m |
| Second Level | Living Room | 4.1 m | 4.24 m | 4.1 m x 4.24 m |
| Second Level | Bedroom | 3.48 m | 3.57 m | 3.48 m x 3.57 m |
| Main Level | Family Room | 4.67 m | 4.68 m | 4.67 m x 4.68 m |
| Main Level | Living Room | 4.66 m | 4.32 m | 4.66 m x 4.32 m |
| Main Level | Bedroom | 2.71 m | 3 m | 2.71 m x 3 m |
| Main Level | Bedroom 2 | 4.39 m | 3.7 m | 4.39 m x 3.7 m |
| Main Level | Kitchen | 3.16 m | 4.24 m | 3.16 m x 4.24 m |
| Main Level | Sunroom | 2.75 m | 5.97 m | 2.75 m x 5.97 m |
| Main Level | Sunroom | 1.73 m | 4.48 m | 1.73 m x 4.48 m |
| Main Level | Kitchen | 2.53 m | 3.39 m | 2.53 m x 3.39 m |
| Main Level | Living Room | 4.15 m | 4.26 m | 4.15 m x 4.26 m |
| Main Level | Bedroom | 2.61 m | 3.73 m | 2.61 m x 3.73 m |
https://www.realtor.ca/real-estate/28308494/1-2-3-4-490-mill-street-saugeen-shores-saugeen-shores
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 14 2025 01:01:13
The Lakelands Association of REALTORS®
Royal LePage D C Johnston Realty