4 GEORGE STREET W, Havelock-Belmont-Methuen, Ontario K0L 1Z0
$549,000.00
- 3 bedrooms
- 4 bathrooms
Rare mixed-use income opportunity in the heart of Havelock. Welcome to 4 George Street, a recently renovated multi-unit detached property offering residential rental income, commercial income, and possible vendor take-back financing. This flexible property features three current income streams under one roof. The commercial unit is currently operating as Papa's Pizza and is leased at $2,250/month plus utilities. The space includes a commercial kitchen, sitting area, two separate washrooms, and a large patio, making it well suited for continued restaurant use or future retail/business use, subject to zoning and municipal approvals. The property also ... read more
Rare mixed-use income opportunity in the heart of Havelock. Welcome to 4 George Street, a recently renovated multi-unit detached property offering residential rental income, commercial income, and possible vendor take-back financing. This flexible property features three current income streams under one roof. The commercial unit is currently operating as Papa's Pizza and is leased at $2,250/month plus utilities. The space includes a commercial kitchen, sitting area, two separate washrooms, and a large patio, making it well suited for continued restaurant use or future retail/business use, subject to zoning and municipal approvals. The property also includes two residential rental units. The one-bedroom unit features a full washroom, kitchen, and living space and is currently rented for $1,250/month with utilities included. The second residential unit offers two bedrooms, a kitchen, and a full bathroom and is currently rented for $1,550/month with utilities included. With total current rental income of approximately $5,050/month, plus utilities where applicable, this property offers a rare opportunity for investors seeking cash flow, mixed-use flexibility, and long-term value in Havelock. Conveniently located near Highway 7 and within walking distance to local amenities, this property provides strong tenant appeal, business visibility, and long-term investment potential. A must-see opportunity for investors, first-time buyers, and buyers looking for a mixed-use income property in Peterborough County. Buyer and buyer's representative to verify financing, and vendor take-back terms. Seller will consider taking back a mortgage with a strong down payment, subject to acceptable terms and conditions. (id:25417)
- Listing ID: X13434130
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 66 by 86 FT |
| Parking: | No Garage 2 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Fireplace, Forced Air and Window Air Conditioner Other |
| Exterior: | Aluminum Siding and Brick Facing |
| Basement: | Crawl Space |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| Township: | Havelock-Belmont-Methuen |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.14 m x 3.58 m |
| Kitchen | Main level | 6.17 m x 7.24 m |
| Kitchen | Main level | 4.14 m x 3.58 m |
| Family room | Main level | 3.58 m x 3.51 m |
| Recreational, Games room | Main level | 7.49 m x 6.1 m |
| Bedroom | Main level | 4.17 m x 3.66 m |
| Bedroom | Main level | 3.25 m x 2.59 m |
| Bedroom | Main level | 2.77 m x 2.59 m |
| Utility room | Main level | 2.97 m x 2.18 m |
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