47 ELGIN AVENUE W, Goderich (Goderich (Town)) NEW LISTING

Brokered by: Coldwell Banker All Points-Festival City Realty

MLS®: X13561448 ()

Price: $599,999.00

Address: 47 ELGIN AVENUE W, Goderich (Goderich (Town))
FOR SALE
Postal Code: N7A2E1
Style: 
Type: Multi-family Fourplex
Bedrooms: 7
Bathrooms: 4
Bedrooms Aboveground:  7
Parking:  No Garage
Garage: No Garage
Lot Size (Approximate):   94 ft ,1 in x 107 ft ,6 in
Property Size (Approximate):  94.1 x 107.5 FT
Stories:  2


About 47 Elgin Avenue W

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:56071). Get more information on 47 Elgin Avenue W

Property Features

Appliances:  Water Heater, Water meter, Dryer, Stove, Washer, Refrigerator
Rental Equipment:  Water Heater
Directions:  Cross Streets: Elgin Ave and South St. ** Directions: From South St at town centre turn right onto Elgin Ave.
Interior Size (Approximate):  3000 - 3500 sqft
Amenities:  Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Lot (Approximate):  94.1 x 107.5 FT 94.1 x 107.5 FT
Exterior Finish:  Aluminum siding
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas, Other / None
Age (Approximate): 
Foundation: Stone
Basement:  N/A (Unfinished) Unfinished

Rooms & Sizes

(Approximate)

 Foyer Second level 2.13 m x 4.14 m  Living room Second level 4.18 m x 4.5 m  Kitchen Second level 3.86 m x 3.49 m
 Primary Bedroom Second level 4.53 m x 2.8 m  Bedroom 2 Second level 2.62 m x 4.49 m  Bathroom Second level 1.85 m x 2.3 m
 Living room Main level 6.07 m x 4.7 m  Kitchen Main level 4.5 m x 2.87 m  Bedroom 2 Main level 4.4 m x 2.82 m
 Laundry room 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 room 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
 Bedroom 2 Upper Level 3.29 m x 3.25 m  Bathroom Upper Level 3.29 m x 1.85 m  Living room 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  

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.