270 GEORGE Street, Arthur, Ontario N0G1A0 is For Sale and has a listing price of 958,000. The property is located in the Wellington North neighbourhood. It's been on the website for 13 Days.
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:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 11/02/2024 | 40672616 | $958,000 | For Sale | - | - |
| 10/12/2024 | 40662331 | $989,000 | For Sale | - | - |
| 09/24/2024 | 40652576 | $989,000 | For Sale | - | - |
| 06/07/2024 | 40595161 | $989,000 | For Sale | - | - |
