#1, #2, #3, #4 - 490 MILL STREET Saugeen Shores

#1, #2, #3, #4 - 490 MILL STREET, Saugeen Shores, Ontario

$845,000

  • 6 Beds
  • 4 Baths

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:56241)

  • Listing ID: X12146433
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Kitchen Second level 3.96 m x 2.03 m
Dining room Second level 3.92 m x 2.91 m
Living room Second level 3.94 m x 3.94 m
Bedroom Second level 3.45 m x 3.47 m
Bedroom 2 Second level 3.53 m x 3.61 m
Sunroom Second level 2.75 m x 6.06 m
Kitchen Second level 2.25 m x 4.2 m
Living room Second level 4.1 m x 4.24 m
Bedroom Second level 3.48 m x 3.57 m
Family room Main level 4.67 m x 4.68 m
Living room Main level 4.66 m x 4.32 m
Bedroom Main level 2.71 m x 3 m
Bedroom 2 Main level 4.39 m x 3.7 m
Kitchen Main level 3.16 m x 4.24 m
Sunroom Main level 2.75 m x 5.97 m
Sunroom Main level 1.73 m x 4.48 m
Kitchen Main level 2.53 m x 3.39 m
Living room Main level 4.15 m x 4.26 m
Bedroom Main level 2.61 m x 3.73 m

Details

  • Parking Spaces: 4
  • Structure: Porch, Barn
  • Transaction: For sale
  • Zoning Description: R1

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 6
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 3000 - 3500 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 66 ft
  • Size Irregular: 66 x 132 FT
MLS®

Listing provided by Royal LePage D C Johnston Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at #1, #2, #3, #4 - 490 MILL STREET in Saugeen Shores Ontario. It was last modified on May 14th, 2025. Contact the Dave Dick Real Estate Team to schedule a viewing or to discover other Saugeen Shores real estate for sale.

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