47 ELGIN AVENUE W
Goderich (Goderich (Town)), Ontario
MLS® X13561448
$599,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13561448
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- —
1 / 39Listing description
Turnkey investment opportunity in the heart of Goderich! This 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 - $988, Unit 2 - $1300, Unit 3 - $805, and Unit 4 - $1,000, total gross rental income: $4,093.
00/month ($49,116. 00 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.
Property summary
- MLS® number
- X13561448
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 94.1 x 107.5 FT
- Annual property taxes
- $5,643.18
- Parking
- 4 spaces · No Garage
- Days on market
- 68 days
Features & details
- Heating
- Forced air, Natural gas, Other
- Cooling
- None
- Basement
- Unfinished, N/A
- Appliances
- Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater
- Exterior features
- Aluminum siding
What would this home cost you?
Based on the $599,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Coldwell Banker All Points-Festival City Realty, GODERICH.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.