24 Arthur St, Port Elgin, ON, N0H 2C5

$1,550,000

MLS® # 40777722

House For Sale In Port Elgin, Ontario

$1,550,000

  • 6

    Bedrooms

  • 4

    Baths

  • 4

    Parking Spaces

Property Information:

Stunning Turnkey Short-Term Rental Opportunity Generate approximately $120,000+/year in rental income. Current rent $6200/month until June. – 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 with splash pad, 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!

Inclusions: Dishwasher,Dryer,Furniture,Refrigerator,Stove,Washer,Window Coverings,Other,Tv's, Outdoor Furniture, Fire Pits.

Exclusions : Tenant Belongings.

Building Features:

  • Floor Space: 2992.77

Property Features:

  • Bedrooms: 6
  • Bathrooms: 3+1
  • Acres Range: < 0.5
  • Architectural Style: Two Story
  • Basement: None
  • Built in: 1960
  • Construction Materials: Wood Siding
  • Cooling: Central Air
  • Driveway Parking: Outside/Surface/Open, Private Drive Triple+ Wide
  • Exterior Features: Controlled Entry, Landscaped, Recreational Area, Storage Buildings, Year Round Living
  • Fireplace Features: Family Room, Gas
  • Floor Space (approx): 2992.77 Square Feet
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Separate Heating Controls, Other
  • Laundry Features: Coin Operated, Common Area, Shared
  • Lot Depth: 135.75 Feet
  • Lot Features: Urban, Pie Shaped Lot, Cul-De-Sac, Dog Park, City Lot, Near Golf Course, Marina, Open Spaces, Park, Playground Nearby, Quiet Area, Shopping Nearby, Trails
  • Lot Frontage: 80.10 Feet
  • Parking Features: Gravel
  • Roof: Metal
  • Security Features: Security System
  • Water Source: Municipal
  • Waterfront Features: Lake/Pond
  • Window Features: Window Coverings
  • Zoning: R3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Rooms:

  • Dining Main Level 3.61 X 2.79
  • Living Main Level 3.76 X 4.67
  • Bathroom Main Level
  • Laundry Main Level 3.58 X 2.26
  • Living Main Level 4.67 X 4.39
  • Kitchen Main Level 3.53 X 4.65
  • Family 2nd Level 6.05 X 4.65
  • Bathroom 2nd Level
  • Bedroom 2nd Level 2.62 X 2.18
  • Living Main Level 3.48 X 3.53
  • Primary Bedroom 2nd Level 4.09 X 4.06
  • Bedroom 2nd Level 4.09 X 2.21
  • Bathroom 2nd Level 3.73 X 1.85
  • Primary Bedroom 2nd Level 4.70 X 3.23
  • Kitchen Main Level 1.80 X 2.06
  • Laundry Main Level 3.58 X 2.26
  • Storage Main Level 1.78 X 4.17
  • Bedroom Main Level 2.59 X 2.90
  • Bedroom Main Level 2.57 X 2.84
  • Storage Main Level 3.58 X 2.26
  • Bathroom Main Level 2.74 X 1.52

Courtesy of: RE/MAX TWIN CITY REALTY INC., BROKERAGE

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Additional Photos