Excellent Cap Rate At 6.4%..... Great Triplex with 3 - 2 bedroom units. Each unit has their own gas furnace. However, there is one gas meter for the property. The three owned hot water heaters have been replaced over last few years. Shingles were replaced in September 2022. Deck was installed in 2023. Windows and insulation were updated between 2006-2008. Excellent location in Cambridge with access to retail and transit. The rear lower unit has had a recent makeover. This property would be ideal for an investor who wants to live in one unit while renting the other two. The current tenants pay hydro, cable and internet while the landlord pays gas & water. (id:4069)
Address
104 OAKWOOD AVENUE
List Price
$749,900
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Cambridge
Bedrooms
6
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
50 x 100 Acre Sq. Ft.
MLS® Number
X12437524
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Basement Area
None
Postal Code
N3H4J2
Zoning
R5
Amenities
Separate Heating Controls
