$1,100,000
Available - For Sale
Listing ID: X10402754
583-585 Mill St , Saugeen Shores, N0H 2C4, Ontario
| 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. |
| Price | $1,100,000 |
| Taxes: | $3921.04 |
| Address: | 583-585 Mill St , Saugeen Shores, N0H 2C4, Ontario |
| Lot Size: | 66.00 x 132.00 (Feet) |
| Acreage: | < .50 |
| Directions/Cross Streets: | Port Elgin - Hwy 21, turn west on Mill St to Property |
| Rooms: | 14 |
| Bedrooms: | 8 |
| Bedrooms +: | |
| Kitchens: | 6 |
| Family Room: | Y |
| Basement: | Part Bsmt |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| Fireplace/Stove: | Y |
| Heat Source: | Gas |
| Heat Type: | Other |
| Central Air Conditioning: | Other |
| Laundry Level: | Main |
| Sewers: | Sewers |
| Water: | Municipal |
| Utilities-Hydro: | Y |
| Utilities-Gas: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ADVANTAGE REALTY LTD. |
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|
Nazila Tavakkolinamin
Sales Representative
Dir:
416-574-5561
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Bruce |
| Municipality: | Saugeen Shores |
| Neighbourhood: | Saugeen Shores |
| Style: | 2-Storey |
| Lot Size: | 66.00 x 132.00(Feet) |
| Tax: | $3,921.04 |
| Beds: | 8 |
| Baths: | 6 |
| Fireplace: | Y |
| Pool: | None |
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