384 George Street Port Stanley, Ontario N5L 1H9

$1,599,900

Super infill development that currently cash flows! Positive comments for 8 unit mix of Single & Townhome mix or 14 unit stacked townhomes! 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:46857)

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https://www.realtor.ca/real-estate/25179343/384-george-street-port-stanley