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6 Glebe Street Cambridge, Ontario N1S 2P1

1700
None Forced Air

$499,900

TURN KEY INVESTMENT PROPERTY WITH ALMOST 6% CAP RATE! EXTENSIVELY RENOVATED SEMI-DETACHED LEGAL DUPLEX NEXT TO GASLIGHT DISTRICT AND SHORT WALK TO SCHOOL OF ARCHITECTURE AND DOWNTOWN CAMBRIDGE. C1RM1 ZONING ALLOWS WIDE RANGE OF COMMERCIAL USES. 3 BEDROOM MAIN FLOOR UNIT WITH NEW KITCHEN, BATH, FLOORS, SOME WINDOWS AND PATIO DOOR (RENTS FOR $1,575, $1,609 EFF. DEC 1ST). UPSTAIRS 1 BEDROOM WITH NEW KITCHEN, BATH AND FLOORS. VACANT FOR OWNER OCCUPANCY OR SET YOUR OWN RENT ($1,400 - $1,450). BASEMENT HAS AN ADDITIONAL UNIT WITH SEPARATE WALK-UP AT SIDE ($671, $685 DEC 1ST). GREAT LONG-TERM TENANTS. VERY GOOD REDEVELOPMENT POTENTIAL. RECENT FIRE DEPARTMENT, ESA, AND SPRINKLER INSPECTIONS. (id:36938)

Property Details

MLS® Number 40022280
Property Type Multi-family

Building

Appliances Water Meter
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete, See Remarks
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1700
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 107 Ft
Size Frontage 27 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1rm1

Utilities

Water Available

https://www.realtor.ca/real-estate/22371121/6-glebe-street-cambridge

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