270 GEORGE Street

Arthur, Ontario, N0G1A0, Canada

$989,000

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 separate meters, there are separate 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. Zoned C1 Section 16 https://www.wellington-north.com/sites/default/files/2023- 05/WN%20ZBL%2066-01%20CONSOLIDATION%20March%202023.pdf Seller financing may be available up to 100k! See financials. https://drive.google.com/drive/folders/15XpTqZ9MNCAz9fZ1OkUG3gNe-5wfcm4x? usp=drive_link

EXTRAS: Sump Pump

Virtual Tour: https://youriguide.com/270_george_st_arthur_on/

Last updated on : Friday 18th of October 2024 03:29:46 PM

ADDRESS

Street : 270 GEORGE Street

City : Arthur

Province : Ontario

Country : Canada

Postal Code : N0G1A0

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PROPERTY SUMMARY

Property ID : 40662331

Property Type : Multi-family

Parking : 8

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