631 Mill Street Port Elgin, Ontario N0H 2C0
$699,000
Looking for a fantastic investment opportunity? Look no further than this unique 3 unit rental property centrally located in the heart of Port Elgin! Situated on a 66’ x 132’ corner lot this stunning 2 storey brick home features ample parking, and prime location just a short walk away from downtown shopping. The property has been well maintained over the years, ensuring that everything is in top shape for the new owner. Economical gas hot water heating keeps carrying costs under control and best of all, with the option to live in one unit and let the rent from the other two units help pay the mortgage, you can enjoy all the benefits of homeownership without breaking the bank. But wait, there's more! In addition to its amazing residential rental potential, this property also has a Core Commercial zoning which allows for many home office or other small business uses. This means that you could run your business while supplementing your income even further. Whether you're an investor looking to add to your portfolio or a homeowner looking for a smart way to offset your mortgage payments, this property has everything you need to succeed. So why wait? See for yourself if this is the investment opportunity you've been waiting for! Don't miss out on this amazing opportunity to invest in Saugeen Shores. (id:21191)
Property Details
| MLS® Number | 40410449 |
| Property Type | Multi-family |
| Amenities Near By | Beach, Golf Nearby, Marina, Place Of Worship, Schools, Shopping |
| Communication Type | Fiber |
| Equipment Type | Water Heater |
| Features | Southern Exposure, Corner Site, Golf Course/parkland, Beach, In-law Suite |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Appliances | Water Meter |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1900 |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Brick, Stucco |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Size Interior | 3317 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Carport |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Beach, Golf Nearby, Marina, Place Of Worship, Schools, Shopping |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Cc - Core Commercial |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25519797/631-mill-street-port-elgin
200 High St
Southampton, Ontario N0H 2L0
(519) 797-5544
(519) 797-2631
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August 29 2023 11:21:43
REALTORS® Association of Grey Bruce Owen Sound
Royal LePage D C Johnston Realty Brokerage