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

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

Active (52 Days)
$1,100,000

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®:
40672965
Taxes
$3,921(2023)
Type
Multifamily
County
Bruce County

Listed By

Gary Robinson, Re/Max Advantage Realty Ltd.
Source
ITSO
Last checked Dec 23 2024 at 11:20 AM EST
Bathroom Details
Interior Features
  • Laundry: Shared
  • Other
Lot Information
  • Other
  • Quiet Area
Property Features
  • Foundation: Other
  • Foundation: Concrete Block
Heating and Cooling
  • Other
  • Fireplace(s)
  • Ductless
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Roof: Shingle
  • Roof: Metal
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 8
Stories
  • 2
Living Area
  • 4,055 sqft
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Disclaimer: Copyright 2024 ITSO. 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 12/23/24 03:20