384 GEORGE Street, Port Stanley, Ontario N5L 1H9
$1,599,900.00
Approved infill development for 8 Townhomes that currently cash flows! Currently 8 Rental Units, sitting on almost one full acre of land in the heart of Port Stanley, Currently rented year round, long term, happy tenants. A rare investment opportunity. Buildings consist of the Main house Rented through Air BNB, open concept, 3 bedroom, gas furnace, central air, large carport. The Lodge is a 2 story cement block cottage, open concept main level, 2nd story loft for sleeping with separate entrance. 6 Small homes, one bachelor, and 5 one bedrooms. All 7 detached units are heated by gas space heaters, with own hydro panels and water heaters.. The property ... read more
Approved infill development for 8 Townhomes that currently cash flows! Currently 8 Rental Units, sitting on almost one full acre of land in the heart of Port Stanley, Currently rented year round, long term, happy tenants. A rare investment opportunity. Buildings consist of the Main house Rented through Air BNB, open concept, 3 bedroom, gas furnace, central air, large carport. The Lodge is a 2 story cement block cottage, open concept main level, 2nd story loft for sleeping with separate entrance. 6 Small homes, one bachelor, and 5 one bedrooms. All 7 detached units are heated by gas space heaters, with own hydro panels and water heaters.. The property also sits on 3 lots 44, 45, 46 that were recently serviced when the Street was redone. Buyer to make own inquiries as to future uses for severances and zoning for this 8 unit, 3 lot, 198,x201.94' property. Financials, measurements and zoning information are available from your Realtor under the documents tab. Being sold in as is where is condition (id:25417)
- Listing ID: 40688641
- Property Type: Vacant Land
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 0.91 Ac (1/2 - 1.99 Acres) |
| Building | |
|---|---|
| HVAC: | Fireplace |
| Basement: | None |
| Utilities: | Cable, Electricity, Natural Gas, Municipal Water and Municipal Sewage System |
| Location | |
|---|---|
| Town: | Port Stanley |
| Province: | Ontario |
| Nearby Amenities: | Beach, Hospital and Marina |
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