$1,475,000
$1,500,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
SOLD DATE : 07/21/2023
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X5831228
Sold Date 07/21/23
Style 3-Storey
Bedrooms 3
Annual Tax Amount $8,024
Tax Year 2022
Property Description
Here Is An Opportunity To Own A Purpose-Built, Townhome Four-Plex In Cambridge. Each Unit Is 3 Bedrooms And 1 Bath, With Its Own Garage, Laundry, Hot Water Heater, And Metered Separately. The Building Itself Sits On Almost Half An Acre Of Land Zoned Rm4. Currently, 3 Out Of 4 Units Are Tenant Occupied And One Is Owner-Occupied. Total Possible Rents On The Property Exceed $100K/Year. Zoning Allows For More Units And The Property Can Be Severed Into 4 Individual Units Or 2 Duplexes And Sold Individually. Potential Cap Rate Over 6%.
Location
Province ON
County Waterloo
Zoning Rm4
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Cooling Window Unit(s)
Exterior
Garage Private
Garage Spaces 12.0
Pool None
Parking Type Attached
Total Parking Spaces 12
Others
Senior Community Yes
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