18 Queen Street W Cambridge, Ontario N3C 1G1
$2,900,000
17 Unit building being offered at a 6.5% CAP rate in Waterloo Region! This property is located in the heart of downtown Hespeler. Fully occupied with 2 commercial/retail spaces on the main floor, 10 one-bedroom apartments and 5 bachelor apartments. Several units have recently been updated completely with new plumbing, wiring, kitchens, bathrooms, flooring, and windows. The parking lot is brand new with eighteen spaces, new retaining wall surrounding the property, and updated hallways with new carpet and freshly painted. This property is a money-maker and has a great tenant profile. Financial info available upon request. (id:50886)
Property Details
| MLS® Number | 40657268 |
| Property Type | Multi-family |
| AmenitiesNearBy | Airport, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | High Traffic Area, School Bus |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 18 |
Building
| BedroomsTotal | 10 |
| BasementType | None |
| CoolingType | None |
| ExteriorFinish | Brick, Stone |
| FoundationType | Stone |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 10000 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Airport, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 91 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rm2 |
https://www.realtor.ca/real-estate/27507902/18-queen-street-w-cambridge
Interested?
Contact us for more information
Corry Van Iersel
Broker
33-620 Davenport Rd
Waterloo, Ontario N2V 2C2
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October 17 2024 03:50:29
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