Excellent Cap Rate At 6.4%..... Great Triplex with 3 - 2 bedroom units. Each unit has their own gas furnace. However, there is one gas meter for the property. The three owned hot water heaters have been replaced over last few years. Shingles were replaced in September 2022. Deck was installed in 2023. Windows and insulation were updated between 2006-2008. Excellent location in Cambridge with access to retail and transit. The rear lower unit has had a recent makeover. This property would be ideal for an investor who wants to live in one unit while renting the other two. The current tenants pay hydro, cable and internet while the landlord pays gas & water. (id:47421)
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Detailed Information
Bedrooms
6
Bathrooms
3
Listing Contract Date
2025-10-01
Location Description
Cross Streets: Eagle St. ** Directions: Going South On Hespeler Rd. Turn Right On Eagle St. Turn Left On Oakwood Ave.
# of Parking Spaces
3
Property Type
Multi-family
Structures
Deck, Patio(s), Porch
Transaction Type
For sale
Zoning Description
R5
Building
Age
51 to 99 years
Amenities
Separate Heating Controls
Appliances
Water meter
Basement Type
None
Cooling Type
Window air conditioner
Exterior Finish
Vinyl siding
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Inside Entry
Land
Total Size
50 x 100 Acre
Landscape Features
Landscaped
Sewer
Sanitary sewer
Size of Irregular Land
50 x 100 Acre
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