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631 Mill Street Port Elgin, ON N0H 2C0
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Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 3,317 sqft
Price per Sqft $198
MLS Listing ID 40410449
Sold Date 01/31/24
Bedrooms 6
Abv Grd Liv Area 3,317
Originating Board Grey Bruce Owen Sound
Year Built 1900
Annual Tax Amount $3,654
Property Description
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.
Location
Province ON
County Bruce
Area 4 - Saugeen Shores
Zoning CC - Core Commercial
Direction Located on the NW corner of Mill St. & Bricker St. across from the post office.
Rooms
Other Rooms Storage
Basement Partial, Partially Finished
Kitchen 0
Interior
Interior Features Accessory Apartment, In-Law Floorplan, Water Meter
Heating Gas Hot Water
Cooling None
Fireplace No
Appliance Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry In-Suite, Multiple Locations
Exterior
Exterior Feature Private Entrance
Parking Features Concrete
Utilities Available Cable Available, Cell Service, Electricity Connected, Fibre Optics, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
View Y/N true
View Downtown, Valley
Roof Type Asphalt Shing
Street Surface Paved
Porch Patio, Porch
Lot Frontage 66.0
Lot Depth 132.0
Garage No
Building
Lot Description Urban, Rectangular, Ample Parking, Beach, Corner Lot, City Lot, Near Golf Course, Landscaped, Library, Marina, Place of Worship, Schools, Shopping Nearby
Faces Located on the NW corner of Mill St. & Bricker St. across from the post office.
Story 2
Foundation Poured Concrete, Stone
Sewer Sanitary
Water Municipal-Metered
Level or Stories 2
Structure Type Aluminum Siding,Stucco
New Construction No
Schools
Elementary Schools Saugeen Central / St Joseph'S
High Schools Sdss / St. Mary'S
Others
Senior Community false
Tax ID 332480866
Ownership Freehold/None
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