$1,100,000
 $5,905 est/mo Sourced by Back At You

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

Saugeen Shores, ON N0H 2C4

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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.

Details

MLS#X10402754
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional Escape
Days On Site105
Listing Provided ByRE/MAX ADVANTAGE REALTY LTD. | Not Provided

Features

Bed(s)8
Bath(s)6
BasementY
Water FrontNone
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 2 hours ago
StateON
CountyBruce
CitySaugeen Shores
Zip CodeN0H 2C4
AreaSaugeen Shores
Listing VS Median (in N0H 2C4)
Price:
$1,100,000
low | high
Med:
$719,000
84.636363636364% of Average
On Site:
105
low | high
Med:
116.000000
90.51724137931% of Average
Sourced by Back At You
Listing Updated: February 4, 2025 at 6:48:03 PM PST