483 George St
Port Stanley, Central Elgin, N5L 1H1
FOR SALE
$599,900
Sold
$705,900
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4 + 1
BEDROOMS5
BATHROOMS4 + 1
KITCHENS13 + 5
ROOMSX7794355
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-06-29 | 2021-07-16 | 17 | $599,900 | $705,900 | Sold |
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Property Description
5 Unit Apartment Building/Airbnb On 1/2 Acre Of Land. Attention Investors, Renovators, Entrepreneurs. Legally Zoned And Set Up For 5 Self Contained Units, Four Currently Vacant. Renovate And Set Your Own Rents Or Run As An Airbnb. Huge Gross Income Possible $200,000 Plus Per Year. Airbnb Can Gross Over $50,000 Per Unit, Or Run As A Monthly Rental Apartment Building Grossing Close To $100,000 A Year. Structure Is Cement Block From The Foundation To The Soffits, Metal Roof, Built In 1935 Retro Style. In Need Of Wiring, Plumbing And Flooring. The Building Appears To Be In Good Overall Condition. 1/2 Acre Property With Storage Garage Out Back. Trees, Ravines, Nature At Its Best. Short Walk To The Beach Or Downtown. Don't Miss This Once In A Lifetime Opportunity In Port Stanley. Please Ask Your Realtor For More Information Under The Documents Tab.
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Property Details
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Community
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Property Type
Detached, 2-Storey
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