47 ELGIN AVENUE W, Goderich (Goderich (Town)), Ontario, N7A 2E1

$599,999

MLS® # X13561448

Investment For Sale In Goderich (Goderich (Town)), Ontario

$599,999

Property Information:

Turnkey investment opportunity in the heart of Goderich! This fully tenanted fourplex offers immediate cash flow with all tenants paying their own utilities. The building features two 2-bedroom units and two 1-bedroom units with the following monthly rents: Unit 1 - $968, Unit 2 - $945, Unit 3 - $790, and Unit 4 - $1,000, for a total gross rental income of $3,703 per month ($44,436 annually). Landlord expenses are limited to snow removal and lawn maintenance, helping maximize your return. Ideally situated within walking distance of the historic Goderich Square, shopping, restaurants, parks, and everyday amenities. Whether you're expanding your investment portfolio or purchasing your first income property, this well-located fourplex offers strong cash flow and excellent long-term investment potential. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding
  • Fireplace: Yes
  • Floor Space: 3000 - 3500 sqft Square Feet
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas, Other
  • Cooling Type: None
  • Appliances: Water meter, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Park, Schools
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 107.5 Feet
  • Lot Frontage: 94.1 Feet
  • Lot Size: 94.1 x 107.5 FT
  • Utility Type: Hydro - Installed, Sewer - Installed, Cable - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Foyer 2nd Level 2.13 m x 4.14 m
  • Living 2nd Level 4.18 m x 4.50 m
  • Kitchen 2nd Level 3.86 m x 3.49 m
  • Primary Bedroom 2nd Level 4.53 m x 2.80 m
  • 2nd Bedroom 2nd Level 2.62 m x 4.49 m
  • Bathroom 2nd Level 1.85 m x 2.30 m
  • Living Main Level 6.07 m x 4.70 m
  • Kitchen Main Level 4.50 m x 2.87 m
  • 2nd Bedroom Main Level 4.40 m x 2.82 m
  • Laundry Main Level 2.79 m x 1.34 m
  • Bathroom Main Level 1.98 m x 2.41 m
  • Primary Bedroom Main Level 3.92 m x 3.48 m
  • Living Upper Level 2.88 m x 2.51 m
  • Kitchen Upper Level 3.71 m x 3.31 m
  • Primary Bedroom Upper Level 4.49 m x 3.14 m
  • 2nd Bedroom Upper Level 3.29 m x 3.25 m
  • Bathroom Upper Level 3.29 m x 1.85 m
  • Living Ground Level 4.39 m x 3.67 m
  • Kitchen Ground Level 4.22 m x 4.19 m
  • Primary Bedroom Ground Level 2.96 m x 4.19 m
  • Bathroom Ground Level 3.16 m x 1.56 m

Courtesy of: Coldwell Banker All Points-Festival City Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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