Property Description for 557 CATHERINE STREET
Wow - LIVE IN ONE, RENT OUT THE OTHER! Sounds like a win-win! Renovated Investment Opportunity 557 Catherine Street, Port Elgin. Investment potential at this exceptional property featuring a renovated main home, and a re-homed 4 season cottage dwelling; in the heart of Port Elgin. The main home has been transformed from the studs out, boasting clean finishes and thoughtful design throughout. With 4 (2+2) bedrooms and 2 bathrooms, this home has a sleek kitchen with great appliances, and a bright, airy living space perfect for families or professionals. Almost all details have been updated including flooring ensuring a low-maintenance investment for years to come. Adding to the property's income potential is the secondary dwelling a 2-bedroom, 1-bath Accessory Residential Unit (ARU). Ideal for tenants, or short-term rentals, this well-appointed unit is a stand alone 4 season cottage. Situated within walking distance to St. Josephs and Saugeen Central schools, this prime location appeals to families and tenants alike. Enjoy a leisurely stroll to downtown Port Elgin for local shops, dining, and amenities, or take a quick bike ride to the stunning shores of Lake Huron to catch one of the areas iconic sunsets. Whether you're looking to generate rental income or secure a multi-family investment, 557 Catherine Street delivers unmatched value with two fully updated rental units in a sought-after location. Don't miss this opportunity, call today to arrange a viewing and explore the potential of this versatile Port Elgin property. Listing photos are not current - taken immediately following the renovations. Due to tenants and privacy, we are using these photos and could not do our normal video walk-through. (id:38686)
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Property Details
Property Tax
: $2,734 (2024)MLS® #
: X12144483
Home Features
Property Type
: Single Family
Interior Features
Heating
: Forced air, Natural gasBasement
: Partial
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Brick
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