270 GEORGE Street, Arthur, Ontario N0G1A0

  • $989,000
270 GEORGE Street, Arthur, Ontario N0G1A0

Overview

Property ID: 3117646
  • Multi-family
  • Property Type
  • 9
  • Garages
  • 2795.0

Description

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:56724)

Details

Updated on June 25, 2024 at 5:12 am
  • Property ID: 3117646
  • Price: $989,000
  • Property Size: 2795.0
  • Garages: 9
  • Property Type: Multi-family
  • Property Status: For Sale
  • MLS#: 40595161
  • MLS Status: Active

Additional details

  • Sewer: Municipal sewage system
  • Cooling: Central air conditioning
  • Heating: Forced air,Natural gas
  • Stories: 2
  • Basement: Unfinished,Crawl space
  • Appliances: Central Vacuum
  • Directions: Driveway off George St and Frances St East
  • Lot Features: Paved driveway
  • Water Source: Municipal water
  • Parking Total: 9
  • Common Interest: Freehold
  • Parking Features: Detached Garage
  • Tax Annual Amount: 4711.07
  • Community Features: Community Centre
  • Foundation Details: Poured Concrete
  • Zoning Description: R5
  • Number Of Units Total: 5
  • Above Grade Finished Area: 2795
  • Address 270 GEORGE Street
  • City Arthur
  • Province Ontario
  • Postal Code N0G1A0
  • Area 71 - Arthur
  • Country Canada

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