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47 ELGIN AVENUE W

Goderich (Town), Goderich, N7A2E1

Listed by Coldwell Banker All Points-Festival City Realty

$599,999

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  • 7 bedrooms
  • 4 bathrooms
  • 4 parking

Listed 99 days ago · MLS® X13561448

About this home

Turnkey investment opportunity in the heart of Goderich! This fully rented 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. (id:66966)

Details

Type
Multiplex
Basement
Unfinished, N/A
Garage
Garage
Property tax
$5,643 (2025)
Neighbourhood
Goderich (Town)
Municipality
Goderich (Goderich (Town))

Interior

Bedrooms
7 above ground
Fireplace
Yes
Appliances
Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater

Heating, cooling and services

Heating
Forced air, Natural gas
Water and sewer
Sanitary sewer

Building and exterior

Foundation
Stone
Outdoor
Aluminum siding

Parking

Total parking
4
Driveway and parking
No Garage

Rooms

RoomLevelSizeFeatures
Living roomMain level6.07 × 4.7 m (19'11" × 15'5")
FoyerSecond level2.13 × 4.14 m (7' × 13'7")
Living roomSecond level4.18 × 4.5 m (13'9" × 14'9")
KitchenSecond level3.86 × 3.49 m (12'8" × 11'5")
Primary BedroomSecond level4.53 × 2.8 m (14'10" × 9'2")
Bedroom 2Second level2.62 × 4.49 m (8'7" × 14'9")
BathroomSecond level1.85 × 2.3 m (6'1" × 7'7")
Living roomUpper Level2.88 × 2.51 m (9'5" × 8'3")
KitchenMain level4.5 × 2.87 m (14'9" × 9'5")
KitchenUpper Level3.71 × 3.31 m (12'2" × 10'10")
Primary BedroomUpper Level4.49 × 3.14 m (14'9" × 10'4")
Bedroom 2Upper Level3.29 × 3.25 m (10'10" × 10'8")
BathroomUpper Level3.29 × 1.85 m (10'10" × 6'1")
Bedroom 2Main level4.4 × 2.82 m (14'5" × 9'3")
Laundry roomMain level2.79 × 1.34 m (9'2" × 4'5")
BathroomMain level1.98 × 2.41 m (6'6" × 7'11")
Primary BedroomMain level3.92 × 3.48 m (12'10" × 11'5")
Living roomGround level4.39 × 3.67 m (14'5" × 12')
KitchenGround level4.22 × 4.19 m (13'10" × 13'9")
Primary BedroomGround level2.96 × 4.19 m (9'9" × 13'9")
BathroomGround level3.16 × 1.56 m (10'4" × 5'1")

Location

Location is approximate. See nearby homes on the map

Listed by Coldwell Banker All Points-Festival City Realty.

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