LOADING

270 George Street Arthur, Ontario N0G 1A0

2795 sqft
Central Air Conditioning Forced Air

$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:19593)

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


SAM ABDALLAH
Salesperson

(519) 570-4447
(519) 579-0289
affluenceregroup.com/
KELLER WILLIAMS INNOVATION REALTY
640 Riverbend Dr.
Kitchener, Ontario N2K 3S2

(519) 570-4447
(519) 579-0289
www.kwinnovationrealty.com/

Interested?

Contact us for more information


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