490 Mill Street Saugeen Shores, ON N0H 2C0
Listing Courtesy of:  CREA / Royal Lepage D C Johnston Realty

  490 Mill Street Saugeen Shores, ON N0H 2C0

Active (51 Days)
$845,000
6
BED
4
BATH

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! (id:41440)

MLS®:
X12146433
Type
Multifamily
County
Bruce County

Listed By

Melisa Berner, Royal Lepage D C Johnston Realty
Source
CREA
Last checked Jul 4 2025 at 10:20 AM EDT
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
  • Microwave
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Natural Gas
Basement Information
  • Unfinished
  • N/a
Exterior Features
  • Brick
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • No Garage
  • Shared
  • Total: 4
Stories
  • 2
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 7/4/25 03:20