40 Borden Street

Cambridge

40 Borden Street
40 Borden Street
40 Borden Street
+27
Unavailable
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40 Borden Street

Cambridge

NA Bed |NA Bath |
NA Parking
$1,600,000
Tax 8,024 (2022)
Size
109 sqm
Lot size
1712.2 sqm
Possession
NA
Age of building
1970 years old
Area
Cambridge
Price/sqm
$935
Style
NA
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%.
Broker: KELLER WILLIAMS INNOVATION REALTY
MLS®#: 40351197
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Property details
Heating type:
Electric
Parking type:
Garage
Property type:
Fourplex
Parking:
12
Size:
109 sqm
Lot front:
29.57 M
Lot depth:
57.91 M
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About 40 Borden Street

40 Borden Street is a Cambridge fourplex which was for sale right off Fourth Ave. Listed at $1600000 in November 2022, the listing is no longer available and has been taken off the market (Unavailable). 40 Borden Street has 12 beds and 4 bathrooms.

40 Borden St, Cambridge is a 4-minute drive from Personal Service Coffee for that morning caffeine fix and if you're not in the mood to cook, WestSide Bar and Grill and Domino's Pizza are near this fourplex. Groceries can be found at Zehrs which is a 4-minute drive and you'll find Grand Pharmacy a 4-minute walk as well. If you're an outdoor lover, fourplex residents of 40 Borden St, Cambridge are an 8-minute drive from Riverside Park, Ellacott Lookout and McLennan Park. There is a zoo,African Lion Safari, that is a 5-minute drive and is a great for a family outing.

Getting around the area will require a vehicle, as the nearest transit stop is a "MiWay" BusStop ("Rosehurst Dr At Terragar Blvd") and is a 63-minute drive

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Jonathan J York
Sales Representative
437-747-6229