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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%. **** Extras **** All Leases Expired/Month To Month. Information On Income Based On The 3 Currently Tenanted Units And The Owner Occupied Unit Not Paying Rent. (Realtor Remarks For More Info)
All Leases Expired/Month To Month. Information On Income Based On The 3 Currently Tenanted Units And The Owner Occupied Unit Not Paying Rent. (Realtor Remarks For More Info)
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Property Details
| Property Type | Fourplex |
|---|---|
| Property Style | 3-Storey |
| Square Feet | |
| Property Tax | $8,024 |
| Maintenance | N/A |
| Days On Our Website | 122 |
| Basement | None |
| Kitchens | 1 |
| Garages | 4.0 |
| Lot Dimensions | 97.00 x 190.00 |
| Pool | None |
| Area | Waterloo |
| Fireplaces | N |
| Air Conditioning | Window Unit |
| Heating | Electric - Other |
| Exterior | Brick |
| Garage Type | Attached |
| Sewers | Sewers |
| Water | Municipal |
Room Information
| Floor | Room | Dimensions | Description |
Bathroom Information
| Floor | Description |
| N/A | 1 x 4 piece |
Listing Office: KELLER WILLIAMS INNOVATION REALTY, BROKERAGE
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