384 George Street, Central Elgin, ON

$1,399,900

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0.50

Acres

About 384 George Street

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

Features of 384 George Street

MLS® # X12424574
Price $1,399,900
Bathrooms 0.00
Acres 0.50
Type Residential Freehold
Sub-Type Vacant Land
Style Garden House
Status Active

Community Information

Address 384 George Street
Area Elgin
Subdivision Rural Central Elgin
City Central Elgin
Province ON
Postal Code N5L 1H9

Amenities

Is Waterfront No
Waterfront WaterfrontCommunity

Interior

Fireplace No

Listing Details

OfficeHowie Schmidt Realty Inc

Listing Map

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