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    For Sale - 228 Palmerston Street, Saugeen Shores, Ontario

    Est payment $3,986/mo
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    Views   1
    Time on Jump  130 day

    AI Summary *

    • Located in the heart of Southampton, minutes from Lake Huron.
    • Four residential units with separate entrances and on-site parking.
    • Three one-bedroom suites with appealing features for rental income.
    • Spacious five-bedroom unit with potential for additional income options.
    • Strong rental demand in a desirable lakeside community for investment.




    Centrally located in the heart of southampton and just minutes from the sparkling shores of lake huron, this well-maintained four-plex offers an outstanding blend of lifestyle and investment potential. Walk to downtown shops and restaurants, the coliseum, art school, and year-round amenities while enjoying all the benefits of living near the lake in one of bruce counties most desirable communities. The property features 4 residential units with separate entrances and on-site parking. Three one-bedroom suites provide consistent rental appeal: an upper unit with gas fireplace and in-suite laundry; a lower unit with entry porch, baseboard electric heat and laundry; and a middle unit with gas wall heater and laundry hook-up. The spacious five-bedroom unit at the rear includes three bedrooms up and two down, two kitchens, two bathrooms, main-floor laundry, forced-air gas heat with central air, in-floor radiant heat in the lower level, and a private sunroom. The split entrance offers excellent potential to divide this unit into two, adding further income possibilities. Separate hydro meters for each unit, along with a single gas and water meter, help streamline management. The clean, dry cellar under the main house and middle unit adds useful storage space. With strong rental demand in this popular lakeside town, the income potential is significant-ideal for investors, airbnb, short or long term rentals, multi-generational living, or for an owner to reside in the larger unit while the other suites help offset expenses. Property will be sold vacant; ready to fulfil your real estate goals!
    Listing IDX12566472
    Address228 Palmerston Street
    CitySaugeen Shores, Ontario
    Price$830,000
    Bed / Bath8 / 5 Full
    Style2-Storey, Fourplex
    ConstructionBrick, Aluminum Siding
    Land Size7920
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features In-Law Suite, Separate Hydro Meter, Storage, Water Heater Owned, Water MeterOutdoor Features Deck, Landscaped, Porch EnclosedAmenities Arts Centre, Beach, Electric Car Charger, Hospital, Library, Place Of WorshipOwnership FreeholdBasement Unfinished, FinishedFoundation Stone, ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  Century 21 Millennium Inc.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    228 Palmerston Street
    Saugeen Shores , Ontario
    8 5 $830,000
    Get more info