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%. (id:54662)
MLS® Number | X12027145 |
Property Type | Retail |
Neigbourhood | Galt |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Electric |
Heating Type | Forced Air |
Size Interior | 3,866 Ft2 |
Type | Retail |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 66 Ft |
Size Frontage | 28 Ft |
Size Irregular | 28 X 66 Ft |
Size Total Text | 28 X 66 Ft |
Zoning Description | Fc1rm1 |
Syed Shahnawaz Rizvi
Broker
(905) 693-9575
(905) 636-7530