270 GEORGE Street Active

Arthur,ON N0G1A0

$ 958000

0 Bed

0 Bath

2795 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,795 sqft

Price per Sqft $342

Subdivision 71 - Arthur

MLS Listing ID 40662331

Originating Board Cornerstone - Waterloo Region

Property 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 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:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Garage Yes

Community Features High Traffic Area,Community Centre,School Bus

Waterfront No

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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