$989,000 $5,309 est/mo Sourced by Back At You

270 George Street,Arthur, ON N0G 1A0

Arthur ON, N0G 1A0

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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.

Details

MLS#40595161
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site46
Listing Provided ByKELLER WILLIAMS INNOVATION REALTY | Sam Abdallah

Features

SQ Feet2,795
Garage1
BasementY
Story(s)2
Units5
Building(s)1
ZoningR5
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionWellington
CityArthur
Postal CodeN0G 1A0
AreaWellington North
Subarea71 Arthur
Community Name71 Arthur
Listing VS Median (in 71 Arthur)
Price:
$989,000
low | high
Med:
$665,000
82.760364004044% of Average
SqFt:
2,795
low | high
Med:
1,930
80.948121645796% of Average
$ / SqFt:
$354
low | high
Med:
$345
52.624464969588% of Average
On Site:
46
low | high
Med:
224.000000
20.535714285714% of Average
Sourced by Back At You
Listing Updated: June 15, 2024 at 7:30:57 AM PDT