+26 more
4
Bedrooms
3
Bathrooms
1,500 sqft
Area
6
Parking
About This Property
This 4-bedroom, 3-bathroom single family in Cambridge offers 1,500 sqft of living space. 2 storeys. The property has lot dimensions of 77 x 66 FT ; 77.9 X 66FT. The home features forced air, natural gas heating, a unfinished basement. Highlights include a 6-car garage.
MLS Remarks
11 Simcoe St, Cambridge - Triplex Investment Opportunity. Opportunity to own a well-located triplex in Cambridge with strong income potential and several major updates already completed. This property features three self-contained residential units, with two of the three units currently rented, offering immediate income with additional upside for investors looking to lease the remaining unit. Significant capital improvements have already been completed, including a new roof in 2023, a new furnace installed in 2025, and a new water heater also installed in 2025, providing peace of mind for years to come. The units are currently rented with utilities included, making them attractive and easy for tenants while maintaining steady occupancy. This property offers an excellent opportunity for investors seeking a value-add asset with the ability to increase income as the third unit is leased. Rent is Unit 1 - Month to month - $1209/Unit 2 - Vacant - $1800/Unit 3 - Lease - $1200. Conveniently located close to downtown Cambridge, transit routes, shopping, and local amenities, the property benefits from a strong rental demand area. Whether you are an experienced investor or looking to add a multi-unit property to your portfolio, 11 Simcoe St presents a solid opportunity with both current income and future upside. (id:60351)
Inclusions
Unit 1- Fridge and stove, Unit 2 - Fridge and stove, Unit 3 Fridge and stove
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
