Royal LePage Don Hamilton Real Estate Brokerage
270 George Street Arthur, Ontario N0G 1A0
$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 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:51300)
Property Details
| MLS® Number | 40595161 |
| Property Type | Multi-family |
| Amenities Near By | Schools, Shopping |
| Community Features | Community Centre |
| Features | Paved Driveway |
| Parking Space Total | 9 |
Building
| Appliances | Central Vacuum |
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2795 Sqft |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 62 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R5 |
https://www.realtor.ca/real-estate/27012991/270-george-street-arthur
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 18 2024 04:29:26
Kitchener-Waterloo Association of REALTORS®
Keller Williams Innovation Realty