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For Sale

Fourplex #X12146433

$845,000

Estimated value: $812,531

4%

#1, #2, #3, #4 - 490 Mill St

Saugeen Shores - Saugeen Shores

6 bds
4 ba
3000-3500 sqft
Commutes
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Property history Buy/sell history for #1, #2, #3, #4 - 490 Mill St Saugeen Shores

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$845,000

For Sale

Date: 14 May, 2025 348 days
X12146433
Property details
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Home value
Rental analysis
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Market trends

Home facts

Details

Rooms

Tax
$4279/yr
Property type
Fourplex
Style
2-Storey
Building age
100+
Sqft
3000-3500
Lot size
66 x 132
Price/sqft
$241.43/sqft
Basement
Unfinished
Parking
None garage, 4 parking
MLS® #
X12146433
Major intersection
Mill & Kaake
Neighbourhood
Saugeen Shores
Listed on
14 May, 2025

About this home

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! Read More

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Estimated value: $812,531

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9 AM - 12 PM

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12 PM - 5 PM

Evening

5 PM - 9 PM

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Property is listed by Royal LePage D C Johnston Realty

We are hiring | Join ReApp team

Property is listed by Royal LePage D C Johnston Realty

We are hiring | Join ReApp team

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