26 BERGEY Street

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For Sale - $919,900.00

ID#: 24731516

Amazing Hespeler invest property! This property can generate $70,000 plus per year in revenue! This property was recently legally rezoned to a legal duplex with an additional accessory apartment! The accessory apartment is an additional free standing building on the property! All work permits recently closed out and fully inspected. Incredible rental income at this price point. The front unit is a two-story, 2 bedroom unit which is currently vacant. New owner can set the new market rental amount! The back unit of the main building is also a two bedroom bungalow unit, which currently pays $1575 per month. The brand new accessory apartment is a loft style and vacant. The new owner can set the market rent on this unit as well! Two units have their own washer and dryer and the accessory apartment also has its own washer and dryer hook up. All three units are separately metered for hydro and tenants pay their own hydro. All three units have their own fenced in yards. There is enough parking for 8 cars possibly more with a massive recently paved driveway! Landlord only pays for property taxes and building insurance. Tenants pay for all utilities. No rented equipment on the property. Steel roof by London Echo Roofing, installed in 2014. Gas furnace in front unit. Ductless heat and air conditioning units in the back unit and the accessory apartment unit. All windows and doors updated as well. This property has had a massive amount of updating in the right areas over the past 5 years. (id:42870)

Property Details

Property Address: 26 BERGEY Street Cambridge, Ontario, N3C1P6

Property Type: Multi-family

Area Toal: 2752

Waterfront: No

Pool: No

Garage: No


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing