$1,599,000 FOR SALE

Triplex

Bedrooms: 6Bathrooms: 3Lot: 80 x 136 ft

24 Arthur St
Port Elgin, ON N0H 2C5

Stunning Turnkey Short-Term Rental Opportunity – 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, 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! (id:47423)

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Listed By RE/MAX TWIN CITY REALTY INC., Brokerage
Data Provided By Cornerstone - Waterloo Region
MLS® Listing Number 40684011
Last Updated Feb 03, 2025
Property Summary
Property Type Triplex

More like this:
Subdivision Saugeen Shores
Price History
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Detailed Information
Bedrooms 6
Bathrooms 3
Lot 80 x 136 ft
Amenities Nearby Golf Nearby, Marina, Park, Playground, Shopping
Community Features Quiet Area
Equipment Water Heater
Features Cul-de-sac, Crushed stone driveway, Laundry- Coin operated
Listing Contract Date 2025-01-29
Location Description McVicar Street to Arthur Street
Ownership Type Freehold
# of Parking Spaces 4
Property Type Multi-family
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description R3
Building
Basement Type None
Constructed Date 1960
Construction Material Wood frame
Cooling Type Central air conditioning
Exterior Finish Wood
Fire Protection Security system
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Golf Nearby, Marina, Park, Playground, Shopping
Sewer Municipal sewage system
External Links

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