47 ELGIN AVENUE W, Goderich (goderich (town)), ON N7A2E1
47 ELGIN AVENUE W, Goderich (goderich (town)), ON N7A2E1
47 ELGIN AVENUE W, Goderich (goderich (town)), ON N7A2E1
47 ELGIN AVENUE W, Goderich (goderich (town)), ON N7A2E1
47 ELGIN AVENUE W, Goderich (goderich (town)), ON N7A2E1
47 ELGIN AVENUE W, Goderich (goderich (town)), ON N7A2E1
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$ 599,999
Est. payment | /mo

7 Beds

4 Baths

3,000 SqFt


$ 599,999
Est. payment | /mo

7 Beds

4 Baths

3,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000 - 3500

Square Footage 3,000 sqft

Price per Sqft $199

Subdivision Goderich (Town)

MLS® Listing ID X13561448

Bedrooms 7

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:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 2.13 m X 4.14 m Foyer

Extra Room 2 Second level 4.18 m X 4.5 m Living room

Extra Room 3 Second level 3.86 m X 3.49 m Kitchen

Extra Room 4 Second level 4.53 m X 2.8 m Primary Bedroom

Extra Room 5 Second level 2.62 m X 4.49 m Bedroom 2

Extra Room 6 Second level 1.85 m X 2.3 m Bathroom

Interior

Heating Forced air, ,

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://lloydproductions.aryeo.com/sites/47-elgin-ave-w-goderich-on-n7a-2e1-26700002/branded

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Listed by Coldwell Banker All Points-Festival City Realty
Mark Weiland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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47 ELGIN AVENUE W