![270 George St, Wellington North, ON - 1 of 3](https://media.unreserved.com/residential-listing/KYo2Z/images/0DUl9RmPQQyW4bxK9YcCpg_570_460_f.jpg)
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Quick Summary
Quick Summary
- Unique 5-unit property with commercial and residential
- Rebuilt from foundation in 2022 with new construction
- Rare 8% cap rate with $1500/month cashflow
- No rent control as units built after 2018
- Incredible return on investment in growing market
- Separate electrical panels for potential hydro meters
- All units vacant/owner occupied with vacant possession
- Seller financing may be available
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... Show More
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:54626)
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