WOW.. Fully Renovated, Downtown Cambridge Investment Property. Don't miss your chance to own this Well Maintained 2 Storey Commercial + Residential Building in Cambridge City Centre. This Building consists, Two Retail / Office Spaces on the Main Floor and Three (3) Apartments on the Upper Floor. Total Rental Income Upper Level Apt # 1, Apt # 2 and Apt # 3 is $58,500. Office # 1 and Office # 2 Main Floor is $70,800, Total Expenses $37,321.64, Net Annual Income $91,978.36, it has Good Cap Rate of 8.76%.
MLS# | 40707934 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 36 |
Listing Provided By | IPRO REALTY LTD | Syed Rizvi |
SQ Feet | 3,866 |
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Story(s) | 1 |
Zoning | FC1RM1 |
Province | ON |
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County | Waterloo |
City | Waterloo |
Postal Code | N1R 3J3 |
Area | 12 Galt East |
Subarea | 20 City Core | Wellington |
Community Name | 20 City Core/Wellington |
Listing VS Median (In 20 City Core/Wellington) | |
Price: $1,049,999 low | high Med: $499,950 SqFt: 3,866 low | high Med: 1,004 $ / SqFt: $272 low | high Med: $498 On site: 36 low | high Med: 70.000000 |