Property Details
40 BORDEN ST, Cambridge, Ontario, N1S3N2
Sales Representatives
Sutton Group - First Choice Realty Ltd. Brokerage
Tel: 519-271-5515
$1,500,000 - For sale
Here Is An Opportunity To Own A Purpose-Built, Townhome Four-Plex In Cambridge. Each Unit Is 3 Bedrooms And 1 Bath, With Its Own Garage, Laundry, Hot Water Heater, And Metered Separately. The Building Itself Sits On Almost Half An Acre Of Land Zoned Rm4. Currently, 3 Out Of 4 Units Are Tenant Occupied And One Is Owner-Occupied. Total Possible Rents On The Property Exceed $100K/Year. Zoning Allows For More Units And The Property Can Be Severed Into 4 Individual Units Or 2 Duplexes And Sold Individually. Potential Cap Rate Over 6%.**** EXTRAS **** All Leases Expired/Month To Month. Information On Income Based On The 3 Currently Tenanted Units And The Owner Occupied Unit Not Paying Rent. (Realtor Remarks For More Info) (id:2471)
- Property Address:40 BORDEN ST, Cambridge, Ontario, N1S3N2
- Property Type:Single Family
- Lot Size:97 x 190 FT
- Acreage:97 x 190 FT
- Driveway:Attached Garage
- Parking Space Total:12
- Structure Style:Fourplex
- Bedrooms:3
- Bathrooms:1
- Storeys:3
- Cooling Type:Window air conditioner
- Exterior Type:Brick
Sales Representatives
Sutton Group - First Choice Realty Ltd. Brokerage
Tel: 519-271-5515
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- Map 40 BORDEN ST, Cambridge, Ontario, N1S3N2
- Neighbourhood Information
40 BORDEN ST, Cambridge, Ontario, N1S3N2
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