2795 sqft
$958,000
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 (id:50976)
Property Details
|
MLS® Number
|
40672616 |
|
Property Type
|
Office |
|
Amenities Near By
|
Schools |
|
Community Features
|
High Traffic Area |
|
Features
|
Paved Driveway, Crushed Stone Driveway, Industrial Mall/subdivision |
Building
|
Basement Type
|
Full |
|
Exterior Finish
|
Brick, Stucco |
|
Fire Protection
|
Alarm System |
|
Foundation Type
|
Poured Concrete |
|
Stories Total
|
2 |
|
Size Exterior
|
2795.0000 |
|
Size Interior
|
2795 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
62 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
C1 |
https://www.realtor.ca/real-estate/27609494/270-george-street-arthur
