24 Arthur St Port Elgin, Ontario N0H 2C5
$1,550,000
Stunning Turnkey Short-Term Rental Opportunity – Steps to Lake Huron! Discover a rare gem in a highly sought-after location just a short stroll from the beach, marina, and playground. This 3-unit property offers approximately 3,000 sq. ft. of beautifully renovated living space, making it the perfect investment, multi-generational retreat or live in one unit and rent the others and let someone else pay the mortgage. Features: • Main Lodge: 2 bedrooms 1.5 bathrooms, Cozy and inviting with a charming fireplace. • Rear Lodge: 2 bedrooms 1 bathroom, Offers a warm ambiance with its own fireplace. • Bungalow: 2 bedrooms 1 bathroom, A quaint and private space ideal for guests or additional income. Each unit is fully furnished and equipped, including TVs, furniture, kitchen essentials (pots, pans, cutlery, plates, saucers), and more – making it completely turnkey for short-term rentals or immediate use. Income Potential: Generate approximately $120,000/year in rental income or live in one unit while renting the others. Location Highlights: • Walking distance to Lake Huron’s sandy beaches and scenic trails. • Across the street from a playground, perfect for families. • Surrounded by nature’s beauty with plenty of outdoor activities nearby. Whether you’re looking to grow your investment portfolio or own a property that offers endless versatility, this is a must-see! (id:48745)
Property Details
| MLS® Number | 40684011 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Marina, Park, Playground, Shopping |
| Community Features | Quiet Area |
| Equipment Type | Water Heater |
| Features | Cul-de-sac, Crushed Stone Driveway, Laundry- Coin Operated |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 6 |
| Basement Type | None |
| Constructed Date | 1960 |
| Construction Material | Wood Frame |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Wood |
| Fire Protection | Security System |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,993 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Golf Nearby, Marina, Park, Playground, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 136 Ft |
| Size Frontage | 80 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/27852461/24-arthur-st-port-elgin
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March 27 2025 08:59:16
Waterloo Region Association of REALTORS®
RE/MAX Twin City Realty Inc., Brokerage