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121 Park Avenue Cambridge, Ontario N1S 2S5

8 Bedroom 4 Bathroom 3496
None Forced Air

$1,350,000

Fully tenanted all brick 4-plex in desirable West Galt. All units feature 2 bedrooms, 1 bathroom & appr. 874 sq feet per unit + basement. Upgrades include new concrete front porches & steps, new furnaces (Units 121 & 123), new kitchen (unit 121), new windows in units 119, 125 (2017) & unit 121 (2020). All units have renovated bathrooms & units 121, 123 & 125 have updated flooring. Units 121 & 123 have been freshly painted in 2019 with new doors, fixtures, trim & baseboards. Unit 125 has new electrical & plumbing. Parking for 8 cars at rear of building. GROSS Rent = $66,956.40 & NOI = 50,804.43(3.8% Cap rate). Close to downtown core, parks, trails & public transit. (id:22076)

Property Details

MLS® Number 40560135
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Equipment Type Water Heater
Features Crushed Stone Driveway
Parking Space Total 8
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 4
Bedrooms Total 8
Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3496
Type Fourplex
Utility Water Municipal Water

Parking

None

Land

Acreage No
Land Amenities Park, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 125 Ft
Size Frontage 89 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rm4

https://www.realtor.ca/real-estate/26654928/121-park-avenue-cambridge

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