583 Mill Street, Saugeen Shores | Image 1

583 Mill Street

Saugeen Shores

  • Commercial

$X,XXX,XXX
For Sale

Added 5 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: Core Commercial

  • Age: 51-99 years

  • Taxes: 3921.04

  • MLS®#: X8423424

  • Days on Site: 67 Days

  • Added: Apr 04, 2024 (5 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: Sutton-Huron Shores Realty Inc., Brokerage

Introducing an exceptional investment opportunity in downtown Port Elgin a well maintained 6-unit rental building offering modern convenience and comfort. Featuring updated kitchens in 5 out of 6 units, complete with sleek quartz countertops and new appliances, this property epitomizes contemporary living. The remaining unit also boasts new countertops, ensuring consistency and quality throughout. There is a mix of two-bedroom and one-bedroom configurations to suit various tenant needs. Parking is plentiful, with dedicated spaces available for all units in the rear of the building, ensuring hassle-free access for residents. Additionally, on-site laundry facilities add to the convenience and desirability of this property, making it an attractive option for renters seeking both comfort and practicality. Whether you're an investor looking for a lucrative opportunity or a tenant in search of a stylish and well-appointed rental, this 6-unit building offers the perfect combination of modern amenities and downtown convenience.

Extras

Address: 583-585 Mill Street **Interboard listing: REALTORS Association of Grey Bruce Owen Sound**

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Net Income: 80500

  • Area: Saugeen Shores

  • Availability Date: Immediate

  • Assessment Amount: $264,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $3,921

  • Expenses: Est

  • Management Expense: 5776

  • Insurance Fee: 4200

  • Operating Fees: 35000

  • Other Expenses: 13909

  • Taxes Type: Annual

  • Tax Year: 2024

Land

  • Cross Street: Port Elgin Goderich

  • Municipality District: Saugeen Shores

  • Parcel Number: 332710197

  • Lot Depth: 132 Feet

  • Lot Frontage: 66 Feet

  • Zoning: Core Commercial

Commercial Specific

  • Total Area: 8712

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Gross Income/Sales: 115500

JK-8

Paisley Central School

Elementary: Public
18.03 km
JK-8

St Joseph's School

Elementary: Catholic
0.36 km
JK-8

G C Huston Public School

Elementary: Public
6.75 km
JK-8

Arran Tara Elementary School

Elementary: Public
19.33 km
JK-8

Northport Elementary School

Elementary: Public
1.05 km
JK-8

Port Elgin-Saugeen Central School

Elementary: Public
0.58 km
9-12

Peninsula Shores District School

Secondary: Public
38.62 km
9-12

Walkerton District Community School

Secondary: Public
40.48 km
9-12

Kincardine District Secondary School

Secondary: Public
34.68 km
9-12

Saugeen District Secondary School

Secondary: Public
0.69 km
9-12

Sacred Heart High School

Secondary: Catholic
39.67 km
9-12

Owen Sound District Secondary School

Secondary: Public
36.98 km
For Sale
2 weeks ago
$1,090,000
  • 0 bath
  • 0 bed

379 Goderich Street, Saugeen Shores, Ontario • N0H 2C1 • Saugeen Shores