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$ 1,599,000
Est. payment /mo
Active
24 ARTHUR ST Port Elgin, ON N0H2C5
6 Beds
3 Baths
2,992 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,992 sqft
Price per Sqft $534
Subdivision Saugeen Shores
MLS® Listing ID 40684011
Bedrooms 6
Originating Board Cornerstone - Waterloo Region
Year Built 1960
Property Sub-Type Freehold
Property Description
Stunning Turnkey Short-Term Rental Opportunity – Steps to Lake Huron! Discover a rare gem in a highly sought-after location just a short stroll from the beach, marina, and playground. This 3-unit property offers approximately 3,000 sq. ft. of beautifully renovated living space, making it the perfect investment, multi-generational retreat or live in one unit and rent the others and let someone else pay the mortgage. Features: • Main Lodge: 2 bedrooms 1.5 bathrooms, Cozy and inviting with a charming fireplace. • Rear Lodge: 2 bedrooms 1 bathroom, Offers a warm ambiance with its own fireplace. • Bungalow: 2 bedrooms 1 bathroom, A quaint and private space ideal for guests or additional income. Each unit is fully furnished and equipped, including TVs, furniture, kitchen essentials (pots, pans, cutlery, plates, saucers), and more – making it completely turnkey for short-term rentals or immediate use. Income Potential: Generate approximately $120,000/year in rental income or live in one unit while renting the others. Location Highlights: • Walking distance to Lake Huron's sandy beaches and scenic trails. • Across the street from a playground, perfect for families. • Surrounded by nature's beauty with plenty of outdoor activities nearby. Whether you're looking to grow your investment portfolio or own a property that offers endless versatility, this is a must-see! (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Quiet Area
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/24_arthur_st_port_elgin_on/
Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE