ON
Goderich (Goderich (Town))
N7A2E1
47 Elgin W Avenue
47 Elgin W Avenue, Goderich (Goderich (Town)), ON N7A2E1
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Listing Type
Multi Family
Listing Status
Active
28
$599,999

Home Details for 47 Elgin W Avenue

Price
$599,999
Type
Residential Income
Bedrooms
7
Total Bathrooms
4
Listing #
X13561448
Property 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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: Coldwell Banker All Points-Festival City Realty
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1323 Michigan Ave, Sarnia, ON N7S 4M6
Office
519 542 1000
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