Excellent Cap Rate At 5%..... 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.
RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
$749,900
104 Oakwood Avenue, Cambridge, Ontario
6 Bedrooms
3 Bathrooms
2311 Sqft
Property
MLS® Number: 40743762
Address: 104 Oakwood Avenue
City: Cambridge
Exterior: Vinyl Siding
Lot Size: 100.0ft x 50.0ft
Utilities
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 3
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Property Sale History
Travel and Neighbourhood
59/100Walk Score®
Somewhat Walkable
Location
