24 ARTHUR ST

Multi-family For Sale in Port Elgin, Ontario

$1,550,000
  • 6 Beds
  • 3 Baths
  • 2,993 Sq. Ft.
  • Built 1960
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:4069)
Address
24 ARTHUR ST
List Price
$1,550,000
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Port Elgin
Bedrooms
6
Bathrooms
3
Floor Area
2,993 Sq. Ft.
Year Built
1960
MLS® Number
40684011
Listing Brokerage
RE/MAX TWIN CITY REALTY INC., BROKERAGE
Basement Area
None
Postal Code
N0H2C5
Zoning
R3
Site Influences
Golf Nearby, Marina, Park, Playground, Shopping
Features
Cul-de-sac, Crushed stone driveway, Laundry- Coin operated

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