Excellent investment opportunity in Cambridge.
Cambridge N3H 4C8
Canada
Listing
| Web ID: | 5760736 |
|---|---|
| Website: | https://www.nestseekers.com/5760736 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 14 BR |
| Bathrooms: | 12 |
Financials
Price:C2,980,000
($2,129,600)
(€1,855,500)
Annual Taxes:C26,319
Description
Excellent investment opportunity in Cambridge. This well-located 12-unit residential multiplex is a strong addition to any real estate portfolio, offering 12 self-contained residential units with large balconies, close to transit, shopping, schools, parks and everyday amenities. Extensive capital improvements already completed: common areas fully updated with Italian porcelain tile, a new master-key door lock system, and replacement of windows, roof, stairs, and interior and exterior lighting. Five suites have been completely renovated with new cabinetry, built-in washer/dryers and stainless steel appliances. A rare opportunity for investors seeking a multi-residential asset with long-term income and growth potential. Additional upside may be available through the conversion of the large vacant garage to residential suites, subject to municipal approvals. Listing salesperson is a licensed real estate professional and holds an ownership interest in the subject property.
Amenities
- Carbon Monoxide Detectors
- Carpet Free
- Security System
- Smoke Detector