583-585 Mill St Saugeen Shores, ON N0H 2C4
Listing Courtesy of: TORONTO IDX / Re/Max Advantage Realty Ltd.

  583-585 Mill St Saugeen Shores, ON N0H 2C4

Active
$1,100,000
8
BED
6
BATH
3500-5000
SQFT
See Similar Listings

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.

MLS®:
X10402754
Taxes
$3,921(2023)
Type
Multifamily
Style
2-Storey
County
Bruce County
Community
Saugeen Shores

Listed By

Re/Max Advantage Realty Ltd.
Source
TORONTO IDX
Last checked Dec 23 2024 at 12:11 AM EST
Bathroom Details
Heating and Cooling
  • Other
Basement Information
  • Part Bsmt
Exterior Features
  • Vinyl Siding
  • Brick
Utility Information
  • Sewer: Sewers
  • Fuel: Gas
Garage
  • None
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Disclaimer: Copyright 2024 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/24 16:11

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