24 ARTHUR ST Port Elgin

24 ARTHUR ST, Port Elgin, Ontario

$1,599,000

  • 6 Beds
  • 3 Baths
  • 2,993 Square Feet

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:23309)

  • Listing ID: 40684011
  • Property Type: Multi-family
  • Year Built: 1960

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Details

  • Amenities Nearby: Golf Nearby, Marina, Park, Playground, Shopping
  • Community Features: Quiet Area
  • Equipment: Water Heater
  • Features: Cul-de-sac, Crushed stone driveway, Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 4
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: R3

Building

  • BasementType: None
  • Constructed Date: 1960
  • Constructed Material: Wood frame
  • Cooling: Central air conditioning
  • Exterior Finish: Wood
  • Fireplace Present: False
  • Fire Protection: Security system
  • Foundation: Block
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2992.77 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Golf Nearby, Marina, Park, Playground, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 80 ft
MLS®

Listing provided by RE/MAX TWIN CITY REALTY INC., BROKERAGE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 24 ARTHUR ST in Port Elgin Ontario. It was last modified on January 29th, 2025. Contact Justin Handley to schedule a viewing or to discover other Port Elgin real estate for sale.

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