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47 ELGIN AVENUE W, Goderich (Goderich (Town)), Ontario N7A2E1

Active
Bedrooms7
Bathroms4
  • $599,999
23 More
27 More
780
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Description

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:66098)

  • X13561448
    Prop ID
  • 7
    Bedrooms
  • 4
    Bathrooms

Property Documents

Property Overview

  • Property ID HREG-X13561448
  • Price $599,999
  • Bedrooms 7
  • Bathrooms 4
  • Property Status Active
  • Property Type Multi-family, Residential Income

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