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!
Overview
Property ID:
X12146433
Type:
Fourplex
Bedrooms:
6
Bathrooms:
4
Square:
3,250 m²
Price:
$845,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Other
Heating:
Forced Air
ParkingFeatures:
None
YearBuilt:
100+
TaxAnnualAmount:
4279
PossessionDetails:
Unknown
Map
-
AddressSaugeen Shores
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