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270 George Street Arthur, Ontario N0G 1A0

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:51300)

Property Details

MLS® Number 40672616
Property Type Office
AmenitiesNearBy Schools
CommunityFeatures High Traffic Area
Features Paved Driveway, Crushed Stone Driveway, Industrial Mall/subdivision

Building

BasementType Full
ExteriorFinish Brick, Stucco
FireProtection Alarm System
FoundationType Poured Concrete
StoriesTotal 2
SizeExterior 2795.0000
SizeInterior 2795 Sqft
UtilityWater Municipal Water

Parking

Detached Garage

Land

AccessType Highway Access
Acreage No
LandAmenities Schools
Sewer Municipal Sewage System
SizeFrontage 62 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C1

https://www.realtor.ca/real-estate/27609494/270-george-street-arthur

Sam Abdallah
Salesperson


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