Overview
- Updated On:
- March 21, 2023
- 12 Bedrooms
- 4 Bathrooms
- 1,176 ft2
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%.
Address: 40 Borden Street, Cambridge ON N1S 3N2
City: Cambridge
State/County: Waterloo
Zip: N1S 3N2
Country: CA
Open In Google Maps Property Id : 412709
Price: $ 1,500,000
Property Size: 1,176 ft2
Property Lot Size: 0 ft2
Bedrooms: 12
Bathrooms: 4
Outdoor Details
Garage Attached
Other Features
Dryer
Electrical Utility Available
Has Garage
Has Heating System
High Speed Internet
Hot Water Tank Owned
Lighting
Open Parking
Refrigerator
Separate Heating Controls
Separate Hydro Meters
Stove
Washer
Water Heater Owned
$ 5,815.80
per month- Principal and Interest
- Property Tax
- HOA fee
$ 5,815.80
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