$845,000
Available - For Sale
Listing ID: X12146433
490 Mill Street , Saugeen Shores, N0H 2C0, Bruce
| 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! |
| Price | $845,000 |
| Taxes: | $4279.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 490 Mill Street , Saugeen Shores, N0H 2C0, Bruce |
| Acreage: | < .50 |
| Directions/Cross Streets: | Mill & Kaake |
| Rooms: | 19 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Family Ro | 15.32 | 15.35 | |
| Room 2 | Main | Living Ro | 15.28 | 14.17 | |
| Room 3 | Main | Bedroom | 8.89 | 9.84 | |
| Room 4 | Main | Bedroom 2 | 14.4 | 12.14 | |
| Room 5 | Main | Kitchen | 10.36 | 13.91 | |
| Room 6 | Main | Sunroom | 9.02 | 19.58 | |
| Room 7 | Main | Sunroom | 5.67 | 14.69 | |
| Room 8 | Main | Kitchen | 8.3 | 11.12 | |
| Room 9 | Main | Living Ro | 13.61 | 13.97 | |
| Room 10 | Main | Bedroom | 8.56 | 12.23 | |
| Room 11 | Second | Kitchen | 12.99 | 6.66 | |
| Room 12 | Second | Dining Ro | 12.86 | 9.54 | |
| Room 13 | Second | Living Ro | 12.92 | 12.92 | |
| Room 14 | Second | Bedroom | 11.32 | 11.38 | W/O To Balcony |
| Room 15 | Second | Bedroom 2 | 11.58 | 11.84 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 3 | Second |
| Washroom Type 4 | 3 | Second |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Main |
| Washroom Type 8 | 3 | Second |
| Washroom Type 9 | 3 | Second |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Main |
| Washroom Type 12 | 3 | Main |
| Washroom Type 13 | 3 | Second |
| Washroom Type 14 | 3 | Second |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Unreserved |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Unreserved |
| Park #2 | |
| Parking Type: | Unreserved |
| Park #3 | |
| Parking Type: | Available |
| Pool: | None |
| Other Structures: | Barn |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3000-3500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Other |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Royal LePage D C Johnston Realty |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Bruce |
| Municipality: | Saugeen Shores |
| Neighbourhood: | Saugeen Shores |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $4,279 |
| Beds: | 6 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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