Saugeen Shores, ON N0H2C4,583-585 MILL STREET
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583-585 MILL STREET Saugeen Shores, ON N0H2C4

8 Beds

6 Baths

3,499 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,499 sqft

Price per Sqft $314

Subdivision Saugeen Shores

MLS® Listing ID X10402754

Bedrooms 8

Originating Board London and St. Thomas Association of REALTORS�

Property Description

You will receive approximately $9600 gross income every month from the day you close on this fully rented 6 plex. This property has been rebuilt to an open concept loft design with white quartz countertops, stainless appliances and gas fireplaces to attract and keep good paying tenants. It sits in a convenient, quiet area. Walk tree lined streets or stroll the downtown shopping and restaurants. The grassed private yard itself is inviting with picnic table and big trees. This property will appeal to value investors, cash flow positive investors, new investors or an investor that wants to live in one of the apartments free and still enjoy $80,000 a year income. Gross Income fully rented is $116,000. Net income is approximately $96,000 based on the approximate expenses of $20,000 for taxes, utilities and insurance. (id:24570)

Location

Province ON

Interior

Heating Other

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Sanitary sewer


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Listed by RE/MAX ADVANTAGE REALTY LTD.

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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583-585 MILL STREET