47 ELGIN AVENUE W Goderich

47 ELGIN AVENUE W, Goderich , Ontario

$599,999

  • 7 Beds
  • 4 Baths

Turnkey investment opportunity in the heart of Goderich! This fully tenanted 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 - $968, Unit 2 - $945, Unit 3 - $790, and Unit 4 - $1,000, for a total gross rental income of $3,703 per month ($44,436 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:56241)

  • Listing ID: X13561448
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Foyer Second level 2.13 m x 4.14 m
Living room Second level 4.18 m x 4.5 m
Kitchen Second level 3.86 m x 3.49 m
Primary Bedroom Second level 4.53 m x 2.8 m
Bedroom 2 Second level 2.62 m x 4.49 m
Bathroom Second level 1.85 m x 2.3 m
Living room Main level 6.07 m x 4.7 m
Kitchen Main level 4.5 m x 2.87 m
Bedroom 2 Main level 4.4 m x 2.82 m
Laundry room Main level 2.79 m x 1.34 m
Bathroom Main level 1.98 m x 2.41 m
Primary Bedroom Main level 3.92 m x 3.48 m
Living room Upper Level 2.88 m x 2.51 m
Kitchen Upper Level 3.71 m x 3.31 m
Primary Bedroom Upper Level 4.49 m x 3.14 m
Bedroom 2 Upper Level 3.29 m x 3.25 m
Bathroom Upper Level 3.29 m x 1.85 m
Living room Ground level 4.39 m x 3.67 m
Kitchen Ground level 4.22 m x 4.19 m
Primary Bedroom Ground level 2.96 m x 4.19 m
Bathroom Ground level 3.16 m x 1.56 m

Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Schools
  • Equipment: Water Heater
  • Parking Spaces: 4
  • Rental Equipment: Water Heater
  • Transaction: For sale

Building

  • Amenities: Fireplace(s), Separate Heating Controls, Separate Electricity Meters
  • Appliances: Water Heater, Water meter, Dryer, Stove, Washer, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 7
  • Cooling: None
  • Exterior Finish: Aluminum siding
  • Fireplace Present: True
  • Foundation: Stone
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas, Other
  • Size Interior: 3000 - 3500 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Place of Worship, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 94 ft ,1 in
  • Size Irregular: 94.1 x 107.5 FT
MLS®

Listing provided by Coldwell Banker All Points-Festival City Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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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 47 ELGIN AVENUE W in Goderich Ontario. It was last modified on July 14th, 2026. Contact Becky Hunt to schedule a viewing or to discover other Goderich homes for sale.

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