270 GEORGE Street Arthur

270 GEORGE Street, Arthur, Ontario

$989,000

  • 2,795 Square Feet

Live and Work Opportunity! Unique 5-unit property with a commercial unit, 4 residential units, and an attached garage. Rebuilt from foundation in 2022. Two-bedroom unit with open concept and large balcony, 1-bedroom units, and a bachelor unit. All units occupied by the seller and family, available vacant. Rare 8% cap rate, cashflow of $1500/month. No rent control as units built after 2018. Incredible return on investment in growing Arthur market. Financials available. Although there are no seperate meters, there are seperate electrical panels so creating seperate hydro meters can be done by the buyer. Financials in supplements and can be provided. All units vacant/owner occupied and vacant possession will be at closing. Seller financing may be available. (id:23309)

  • Listing ID: 40595161
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Schools, Shopping
  • Community Features: Community Centre
  • Features: Paved driveway
  • Ownership: Freehold
  • Parking Spaces: 9
  • Transaction: For sale
  • Zoning Description: R5

Building

  • Appliances: Central Vacuum
  • BasementType: Crawl space (Unfinished)
  • Basement Development: Unfinished
  • Cooling: Central air conditioning
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2795 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 62 ft
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 270 GEORGE Street in Arthur Ontario, was last modified on June 7th, 2024. Contact the Lifestyle Real Estate to schedule a viewing or to find other properties for sale in Arthur.

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