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Home ON Greater London Elgin County Central Elgin
384 GEORGE STREET
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384 GEORGE STREET $1,399,900
$1,399,900
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384 GEORGE STREET
Central Elgin, Ontario N5L1H9

MLS® Number: X12424574
0
Bathrooms
-
Square Feet

Listing Description

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 (41332973)

Location Description

Cross Streets: William/Front. ** Directions: Follow Hwy 4 into and over the bridge in Port Stanley, at the stop sign continue straight onto George Street, property on the left.

Property Summary

Property Type
Vacant Land
Building Type
Garden Home
Community Name
Rural Central Elgin
Land Size
198 x 201.94 FT|1/2 - 1.99 acres
Annual Property Taxes
$5,087
Time on REALTOR.ca
79 days

Building

Bathrooms
Total
0
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Available)

Land

Lot Features
Frontage
198 ft
Land Depth
201 ft ,11 in
Other Property Information
Zoning Description
R1-67, R1-68
Waterfront Features
Waterfront Name
Lake Erie
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TONY SCHMIDT