40 BORDEN Street

For Sale - $1,500,000.00

ID#: 25386141

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%. (id:42870)

Property Details

Property Address: 40 BORDEN Street Cambridge, Ontario, N1S3N2

Property Type: Multi-family

Area Toal: 1175.93

Waterfront: No

Pool: No

Garage: Yes

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