FINALLY - A 5% CAP RATE SIXPLEX! 5 X 2 BEDROOMS, 1 X 1 BEDROOM. IF YOU'VE BEEN SITTING ON THE SIDELINES WAITING FOR THE RIGHT INVESTMENT - THIS MIGHT BE IT. THIS BUILDING HAS AN AVERAGE RENT OF $1,455. AND GROSSING OVER $104K ANNUALLY. FOUR OF SIX UNITS HAVE RECENTLY BEEN RENOVATED. FOUR UNITS SEPARATELY METERED FOR HYDRO - PAID BY TENANTS. FOUR UNITS ALSO METERED FOR COLD WATER AND PAID BY TENANTS AS WELL. GAS FORCED AIR HEAT PAID BY THE OWNER. RECENT UPGRADES INCLUDE NEW COIN OPERATED WASHER AND DRYER, EXTERIOR LIGHTING AND SECURITY CAMERAS, NEW WATER SOFTENER AND GAS HOT WATER HEATER, NEW MAILBOXES AND FRESHLY PAINTED PARKING LOT LINES. TURNKEY SIXPLEX IN DESIRABLE LOCATION OF PRESTON - LOCATED ACROSS THE STREET FROM GRAND VIEW PUBLIC SCHOOL. (id:40008)
MLS® Number | 40466798 |
Property Type | Multi-family |
Amenities Near By | Public Transit, Schools |
Features | Laundry- Coin Operated |
Parking Space Total | 7 |
Bedrooms Total | 3 |
Appliances | Water Softener |
Basement Development | Partially Finished |
Basement Type | Full (partially Finished) |
Cooling Type | None |
Exterior Finish | Brick |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 3 |
Size Interior | 3112 |
Utility Water | Municipal Water |
Visitor Parking |
Acreage | No |
Land Amenities | Public Transit, Schools |
Sewer | Municipal Sewage System |
Size Depth | 66 Ft |
Size Frontage | 165 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | Rm3 |
https://www.realtor.ca/real-estate/25931641/318-dolph-street-s-cambridge
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman