490 Mill Street, Saugeen Shores, ON N0H 2C0

  • $845,000
490 Mill Street, Saugeen Shores, ON N0H 2C0
  • X12146433
  • MLS® Number
  • Fourplex, Residential
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
Active For Sale
490 Mill Street, Saugeen Shores, ON N0H 2C0
490 Mill Street, Saugeen Shores, ON N0H 2C0
  • $845,000

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!

Details

MLS® Number
X12146433
Bedrooms
6
Bathrooms
4
Updated on May 14, 2025 at 12:02 pm

Additional details

  • Roof: Shingles
  • Sewer: Sewer
  • Cooling: Other
  • County: Bruce
  • Property Type: Residential
  • Pool: None
  • Parking: Unreserved,Available
  • Architectural Style: 2-Storey

Address

  • Address 490 Mill Street
  • City Saugeen Shores
  • State/county ON
  • Zip/Postal Code N0H 2C0
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay