270 George Street , Arthur, ON N0G 1A0
Arthur, ON N0G 1A0
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. 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
Details
| MLS# | 40652576 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 16 |
| Listing Provided By | KELLER WILLIAMS INNOVATION REALTY | Sam Abdallah |
Features
| SQ Feet | 2,795 |
|---|---|
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | C1 |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Wellington |
| City | Arthur |
| Postal Code | N0G 1A0 |
| Area | Wellington North |
| Subarea | 71 Arthur |
| Community Name | 71 Arthur |
| Listing VS Median (in 71 Arthur) | |
Price: $989,000 low | high Med: $699,900 SqFt: 2,795 low | high Med: 990 $ / SqFt: $354 low | high Med: $707 On Site: 16 low | high Med: 6.000000 | |
