+41 more
7
Bedrooms
4
Bathrooms
6
Parking
About This Property
This 7-bedroom, 4-bathroom multi-family in Saugeen Shores is available for your consideration. 2 storeys. The property has lot dimensions of 57.1 x 159 FT. The home features window air conditioner, a finished, apartment in basement, separate entrance basement.
MLS Remarks
Step into a piece of Port Elgin history with this unique investment opportunity at 473 Market Street. Originally built in 1895, this character-filled property has been converted into four separate rental units, offering immediate income potential and long-term upside. The building features two one-bedroom apartments, a two-bedroom, and a spacious three-bedroom apartment - appealing to a wide range of tenants. Three of the units come fully furnished and all appliances. Heated with a gas hot water boiler system. There have been many updates throughout the last several years, including some newer windows, deck, boiler (2018), new roof (2022), several cosmetic updates with kitchens, plus facia, soffit and gutters. This property has been well maintained. Ideally located in the heart of town, and just a short walk to Port Elgin's vibrant downtown, local shops, restaurants, and the beautiful sandy beach along Lake Huron. Tenants will appreciate the convenience and lifestyle this central location offers. Port Elgin continues to see strong rental demand, driven in part by ongoing and future projects at Bruce Power. With major refurbishment work and workforce expansion planned over the coming years, the area is expected to attract a steady influx of skilled workers and professionals- along with our tourism sector, making this a smart addition to any investment portfolio. Whether you're looking to expand your real estate holdings or secure a multi-unit property in a growing community, this rare offering combines historic charm, multiple income streams, and a prime location in one of Bruce County's most desirable markets. (id:60351)
Inclusions
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
