$845,000

Investment For Sale In Saugeen Shores, Ontario

$845,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 132 FT
  • Structure Type: Porch, Barn
  • Zoning: R1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage, Shared
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen 2nd Level 3.96 m x 2.03 m
  • Dining 2nd Level 3.92 m x 2.91 m
  • Living 2nd Level 3.94 m x 3.94 m
  • Bedroom 2nd Level 3.45 m x 3.47 m
  • 2nd Bedroom 2nd Level 3.53 m x 3.61 m
  • Sun Room 2nd Level 2.75 m x 6.06 m
  • Kitchen 2nd Level 2.25 m x 4.20 m
  • Living 2nd Level 4.10 m x 4.24 m
  • Bedroom 2nd Level 3.48 m x 3.57 m
  • Family Main Level 4.67 m x 4.68 m
  • Living Main Level 4.66 m x 4.32 m
  • Bedroom Main Level 2.71 m x 3.00 m
  • 2nd Bedroom Main Level 4.39 m x 3.70 m
  • Kitchen Main Level 3.16 m x 4.24 m
  • Sun Room Main Level 2.75 m x 5.97 m
  • Sun Room Main Level 1.73 m x 4.48 m
  • Kitchen Main Level 2.53 m x 3.39 m
  • Living Main Level 4.15 m x 4.26 m
  • Bedroom Main Level 2.61 m x 3.73 m

Courtesy of: Royal LePage D.C. Johnston Realty

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