583-585 Mill Street Saugeen Shores, ON

$1,100,000
|
8 Beds
|
  6 Full
|

PROPERTY INFO

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:4555)

PROPERTY SPECS

Listing ID X10402754
Address 583-585 MILL STREET
City Saugeen Shores, ON
Price $1,100,000
Bed / Bath 8 / 6 Full
Construction Brick, Vinyl siding
Land Size 66 x 132 FT
Type Other
Status For sale

EXTENDED FEATURES

Basement PartialParking 6Features Flat siteStructure PorchBuilding Amenities Fireplace(s)Foundation ConcreteHeating OtherHeating Fuel Natural gasUtility Water Municipal water Date Listed 2024-11-02 02:00:50Days on Market 36Parking 6

REQUEST MORE INFORMATION

LISTING OFFICE:
Remax Advantage Realty Ltd., Becky Robinson

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