318 Dolph Street S Cambridge, Ontario N3H 2C2
$1,579,000
FINALLY - A 5% CAP RATE SIXPLEX! 5 X 2 BEDROOMS, 1 X 1 BEDROOM. IF YOU'VE BEEN SITTING ON THE SIDELINES WAITING FOR THE RIGHT INVESTMENT - THIS MIGHT BE IT. THIS BUILDING HAS AN AVERAGE RENT OF $1,455. AND GROSSING OVER $104K ANNUALLY. FOUR OF SIX UNITS HAVE RECENTLY BEEN RENOVATED. FOUR UNITS SEPARATELY METERED FOR HYDRO - PAID BY TENANTS. FOUR UNITS ALSO METERED FOR COLD WATER AND PAID BY TENANTS AS WELL. GAS FORCED AIR HEAT PAID BY THE OWNER. RECENT UPGRADES INCLUDE NEW COIN OPERATED WASHER AND DRYER, EXTERIOR LIGHTING AND SECURITY CAMERAS, NEW WATER SOFTENER AND GAS HOT WATER HEATER, NEW MAILBOXES AND FRESHLY PAINTED PARKING LOT LINES. TURNKEY SIXPLEX IN DESIRABLE LOCATION OF PRESTON - LOCATED ACROSS THE STREET FROM GRAND VIEW PUBLIC SCHOOL. (id:40058)
Property Details
| MLS® Number | 40466798 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools |
| Features | Laundry- Coin Operated |
| Parking Space Total | 7 |
Building
| Bedrooms Total | 3 |
| Appliances | Water Softener |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3112 |
| Utility Water | Municipal Water |
Parking
| Visitor Parking |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 66 Ft |
| Size Frontage | 165 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rm3 |
https://www.realtor.ca/real-estate/25931641/318-dolph-street-s-cambridge
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August 10 2023 08:58:39
Kitchener-Waterloo Association of REALTORS®
Royal LePage Grand Valley Realty