Size
-
Lot size
2040 sqft
Street frontage
-
Possession
Immediate
Price per sqft
-
Taxes
$3,121.52 (2024)
Parking Type
-
Style
2-Storey
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Description
Great investment opportunity in the heart of Cambridge. COMM/RES ZONING (C2/RM3). 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. Fully rented out with reliable, trustworthy tenants. The monthly rent for the whole property is $5,000. After deducting various expenses (water, electricity, gas, property insurance, internet fees), the monthly net income is $4,182.37, and the annual net income is $50,188.44. Park 4 cars via right of way off Montrose, 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new washer/dryer installed in 2 units, new 200 AMP electrical services.
Broker: HOMELIFE LANDMARK REALTY INC.
MLS®#: X9510196
Property details
Parking:
4
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
21 Ft
Lot depth:
97 Ft
Listed on:
Oct 24, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Bedroom | 13.0 x 12.3 ft | |
Main | Living Room | 8.0 x 6.6 ft | |
Main | Kitchen | 5.3 x 11.2 ft |
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Instant estimate:
orto view instant estimate
$7,369
higher than listed pricei
High
$823,414
Mid
$807,269
Low
$754,240