490 Mill Street Unit #1, #2, #3, #4

ActiveSaugeen Shores · Saugeen Shores449 days on marketMLS® X12146433

$799,900

$267 / sq ft

Bedrooms6

Bathrooms4

Interior3,000 sq ft

Lot Size8,712 sq ft

TypeMulti-Family

ListingFor Sale

Days on Market449

About this property

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!

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X12146433
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	3,000 sq ft
Lot Size	8,712 sq ft
Beds / Baths	6 bed · 4 bath
Neighbourhood	Saugeen Shores
City	Saugeen Shores
Postal Code	N0H 2C0
Province	ON
Listed Date	May 14, 2025
Days on Market	449
Price per Sq Ft	$267
Brokerage	Royal LePage D C Johnston Realty