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121 Park Avenue Cambridge, Ontario N1S 2S5

8 Bedroom 4 Bathroom 3496 sqft
None Forced Air

$1,299,000

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(3.9% Cap rate). Close to downtown core, parks, trails & public transit. (id:49454)

Property Details

MLS® Number 40618618
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Public Transit, Schools, Shopping
CommunityFeatures Community Centre, School Bus
EquipmentType Water Heater
Features Crushed Stone Driveway
ParkingSpaceTotal 8
RentalEquipmentType Water Heater
Structure Shed

Building

BathroomTotal 4
BedroomsTotal 8
BasementDevelopment Finished
BasementType Full (finished)
CoolingType None
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3496 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

None

Land

Acreage No
LandAmenities Park, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 125 Ft
SizeFrontage 89 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rm4

https://www.realtor.ca/real-estate/27153064/121-park-avenue-cambridge