6 GLEBE Street

Multi-family For Sale in Cambridge, Ontario

$529,900

TURN KEY INVESTMENT PROPERTY WITH ALMOST 6% CAP RATE! EXTENSIVELY RENOVATED SEMI-DETACHED LEGAL DUPLEX NEXT TO GASLIGHT DISTRICT AND SHORT WALK TO SCHOOL OF ARCHITECTURE AND DOWNTOWN CAMBRIDGE. C1RM1 ZONING ALLOWS WIDE RANGE OF COMMERCIAL USES. 3 BEDROOM MAIN FLOOR UNIT WITH NEW KITCHEN, BATH, FLOORS, SOME WINDOWS AND PATIO DOOR (RENTS FOR $1,575 INCL, $1,609 EFF. DEC 1ST). UPSTAIRS 1 BEDROOM WITH NEW KITCHEN, BATH AND FLOORS (RENTS FOR $1475 INCL) BASEMENT HAS AN ADDITIONAL UNIT WITH SEPARATE WALK-UP AT SIDE ($671 INCL, $685 DEC 1ST). GREAT LONG-TERM TENANTS. VERY GOOD REDEVELOPMENT POTENTIAL. NEW CONCRETE DRIVEWAY. RECENT FIRE DEPARTMENT, ESA, AND SPRINKLER INSPECTIONS. (id:4069)

Address 6 GLEBE Street
List Price $529,900
Property Type Multi-family
Type of Dwelling Duplex
Area Ontario
Sub-Area Cambridge
Floor Area 1,700 Sq. Ft.
MLS® Number 40022280
Listing Brokerage ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE
Postal Code N1S2P1
Zoning C1RM1

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The Marcia Grove Realty Team

Keller Williams Golden Triangle Realty Inc., Brokerage

640 Riverbend Drive Kitchener Ontario N2K 3S2

Mobile: 226.240.2640

Office: 519.570.4447

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