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Remarks

Handsome brick four-plex in the core area in the rapidly growing community of Port Elgin. Solid investment in this unique, well maintained property consisting of 4- 2 bedroom units that are fully rented and always in demand with a gross income of $51,200. The apartments are heated with economical natural gas hot water heat and gas fireplaces in 3 of the units. Private laundry for 3 of the 4 units. Plenty of curb appeal with a charming bistro style patio fronting on Elgin Street and there is a private, mature backyard for the tenants to enjoy also. Year round lane access at the back with parking and a detached double garage with gas heat and in-floor heat and 2pc washroom which could also potential be rented out. The units have been nicely renovated and kept up to date. Newer plumbing and electrical . The membrane roof is approximately 10 years old with many years remaining on warranty. An owner could easily live in one of the units and let the income from the other 3 pay the bills!


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