4 George Street W,Havelock-Belmont-Methuen (Havelo, ON K0L1Z0
Havelock-Belmont-Methuen (Havelo, ON K0L1Z0
Description
Rare mixed-use income opportunity in the heart of Havelock. Welcome to 4 George Street, a recently renovated multi-unit detached property offering residential rental income, commercial income, and possible vendor take-back financing. This flexible property features three current income streams under one roof. The commercial unit is currently operating as Papa's Pizza and is leased at $2,250/month plus utilities. The space includes a commercial kitchen, sitting area, two separate washrooms, and a large patio, making it well suited for continued restaurant use or future retail/business use, subject to zoning and municipal approvals. The property also includes two residential rental units. The one-bedroom unit features a full washroom, kitchen, and living space and is currently rented for $1,250/month with utilities included. The second residential unit offers two bedrooms, a kitchen, and a full bathroom and is currently rented for $1,550/month with utilities included. With total current rental income of approximately $5,050/month, plus utilities where applicable, this property offers a rare opportunity for investors seeking cash flow, mixed-use flexibility, and long-term value in Havelock. Conveniently located near Highway 7 and within walking distance to local amenities, this property provides strong tenant appeal, business visibility, and long-term investment potential. A must-see opportunity for investors, first-time buyers, and buyers looking for a mixed-use income property in Peterborough County. Buyer and buyer's representative to verify financing, and vendor take-back terms. Seller will consider taking back a mortgage with a strong down payment, subject to acceptable terms and conditions. (id:13843)
Details
| MLS # | X13434130 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 148 |
| Listing Provided By | RE/MAX HALLMARK EASTERN REALTY | Frank Rosso |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Commercial |
Interior
| Cooling | Window air conditioner |
|---|---|
| Heating | Forced air, Other |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 2 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 1698.71 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Havelock-Belmont-Methuen (Havelo |
| Postal Code | K0L1Z0 |
| Listing VS Median (in K0L1Z0) | |
Price: $549,000 low | high Med: $549,900 sqft: 2,000 low | high Med: 1,100 $ / sqft: $275 low | high Med: $500 On site: 148 low | high Med: 28 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Havelock-Belmont-Methuen (Havelo |
| Postal Code | K0L1Z0 |
| Listing VS Median (in K0L1Z0) | |
Price: $549,000 low | high Med: $549,900 sqft: 2,000 low | high Med: 1,100 $ / sqft: $275 low | high Med: $500 On site: 148 low | high Med: 28 | |
