24
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$699,900
Est. payment /mo
5 Beds
3 Baths
2,000 SqFt
Active
684 GUSTAVUS STREET Saugeen Shores, ON N0H2C0
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $349
Subdivision Saugeen Shores
MLS® Listing ID X12087823
Bedrooms 5
Half Baths 1
Originating Board London and St. Thomas Association of REALTORS®
Property Description
DUPLEX!!!! _ Discover an exceptional investment opportunity in the vibrant heart of Port Elgin. This rare duplex, multi family, generational home features two well-appointed two-bedroom units and a unique back addition currently operating as a hair salon and could be used as a third bedroom etc. The additional commercial unit presents the potential to expand into the lower apartment, offering flexible space for a business or an additional rental income stream.This property is zoned for both residential and commercial use, spanning a generous 2132 square feet. Each unit is equipped with separate hydro meters, supporting a consistent rental income from both weekly and monthly tenants. The duplex can also be transformed into a magnificent single-family residence, allowing you to create a personalized dream home. Recent updates to the roof, A.C., and furnace with a HEPA filter within the last five to seven years provide peace of mind and reduce maintenance concerns. Situated on a picturesque corner lot, the property is enveloped by lush, beautiful gardens. The side lot offers space for a legal unit that can be built to rent or live in, with an approved severance by adding two services and can be sold separately down the road. Do not miss your chance to explore this incredible property before it's gone. Your dream investment awaits. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Sanitary sewer
Listed by EXP REALTY