24 Arthur St Port Elgin, Ontario N0H 2C5

6 Bedroom 4 Bathroom 2,993 ft2
2 Level Fireplace Central Air Conditioning Forced Air

$1,550,000

Stunning Turnkey Short-Term Rental Opportunity Generate approximately $120,000+/year in rental income. Current rent $6200/month until June. – 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 with splash pad, 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:61594)

Property Details

MLS® Number 40777722
Property Type Single Family
Amenities Near By Golf Nearby, Marina, Park, Playground, Shopping
Community Features Quiet Area
Equipment Type Water Heater
Features Cul-de-sac, Crushed Stone Driveway, Laundry- Coin Operated
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Architectural Style 2 Level
Basement Type None
Constructed Date 1960
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Wood
Fire Protection Security System
Fireplace Present Yes
Fireplace Total 2
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,993 Ft2
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Golf Nearby, Marina, Park, Playground, Shopping
Sewer Municipal Sewage System
Size Depth 136 Ft
Size Frontage 80 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

Rooms

Level Type Dimensions
Second Level Primary Bedroom 15'5'' x 10'7''
Second Level Bedroom 8'7'' x 7'2''
Second Level 4pc Bathroom 12'3'' x 6'1''
Second Level Bedroom 13'5'' x 7'3''
Second Level Primary Bedroom 13'5'' x 13'4''
Second Level 4pc Bathroom Measurements not available
Second Level Family Room 19'10'' x 15'3''
Main Level Storage 5'10'' x 13'8''
Main Level Storage 11'9'' x 7'5''
Main Level Laundry Room 11'9'' x 7'5''
Main Level Bedroom 8'5'' x 9'4''
Main Level Bedroom 8'6'' x 9'6''
Main Level 4pc Bathroom 9'0'' x 5'0''
Main Level Kitchen 5'11'' x 6'9''
Main Level Living Room 11'5'' x 11'7''
Main Level Laundry Room 11'9'' x 7'5''
Main Level Living Room 15'4'' x 14'5''
Main Level Dining Room 11'10'' x 9'2''
Main Level 2pc Bathroom Measurements not available
Main Level Kitchen 11'7'' x 15'3''
Main Level Living Room 12'4'' x 15'4''

https://www.realtor.ca/real-estate/29098572/24-arthur-st-port-elgin

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