ON > Saugeen Shores
Saugeen Shores, ON N0H 2C4,583-585 Mill ST
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Melissa, Maria & Amanda 3rd Ave Realty Team

Melissa, Maria & Amanda 3rd Ave Realty Team

+1(705) 888-0860
$ 1,100,000
Est. payment | /mo

8 Beds

6 Baths

Save
$ 1,100,000
Est. payment | /mo
Save

8 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID X10402754

Style 2-Storey

Bedrooms 8

Annual Tax Amount $3,921

Tax Year 2023

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.

Location

Province ON

County Bruce

Community Saugeen Shores

Area Bruce

Region Saugeen Shores

City Region Saugeen Shores

Rooms

Family Room Yes

Basement Partial Basement

Kitchen 6

Interior

Interior Features None

Cooling Other

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Landscaped, Porch, Recreational Area, Year Round Living

Parking Features Private

Garage Spaces 6.0

Pool None

Waterfront Description None

Roof Type Shingles,Metal

Topography Flat

Total Parking Spaces 6

Building

Foundation Concrete, Other

Listed by RE/MAX ADVANTAGE REALTY LTD.

GET MORE INFORMATION

Melissa, Maria & Amanda 3rd Ave Realty Team

Realtor | License ID: 4769738

+1(705) 888-0860 | info@thirdavenue.ca

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583-585 Mill ST