+24 more
5
Bedrooms
3
Bathrooms
2,272 sqft
Living Area
3
Parking
About This Property
This 5-bedroom, 3-bathroom multi-family in Cambridge offers 2,272 sqft of living area. 3 storeys. The property has lot dimensions of 45.1 x 117.4 FT. The home features forced air, natural gas heating, a separate entrance, walk out basement. Highlights include a 3-car garage.
MLS Remarks
PRICE REDUCED - Turnkey triplex in prime West Galt, fully rented and cash-flowing from day one. This well-maintained multi-residential property features three self-contained units generating a combined $4,800/month: a 2-bedroom rented at $1,600/month, a 3-bedroom rented at $1,850/month, and a studio with den rented at $1,350/month. The diversified unit mix offers broad tenant appeal and stable in-place income. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Ongoing updates over recent years include newer windows, refreshed interiors, and updated bathrooms, reducing near-term capital expenditure risk and helping keep the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, transit, and convenient Highway 401 access. This is a stabilized income property with strong existing rents, proven tenancy, and upside potential through future rent growth or value-add improvements. Ideal for investors seeking a low-maintenance, cash-flowing asset in one of Cambridge's most desirable neighborhoods. Priced to move - don't miss this opportunity. (id:60351)
Overview
Property Type
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