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41 Oak Street Cambridge, Ontario N1R 4K9

6 Bedroom 3 Bathroom 1950
None Forced Air

$459,900

This is a great investment opportunity with instant returns! Welcome to 41 Oak street, a legal non-conforming triplex in the quaint neighborhood of east Galt with the globe street lights and charm + character at every turn. The main floor features a 4 bedroom spacious unit with in-suite laundry and access to the large backyard, the attached garage was converted into a storage area and bedroom for the main floor. This unit is currently rented month to month at $1150. Upstairs are two 1 bedroom units with living room, full kitchen, and 3 pc bathroom; one is vacant so you can set your own rent, the other is currently rented month to month at $700 plus hydro. All units have separate hydro meters. The property also includes two driveways, so plenty of parking for all units, a large private backyard, and large detached garage with hydro and wood burning fireplace, the garage also includes a pit for working on vehicles, and a large shop area attached. Listed at $449,900 this home has a ton of potential for the savvy investor/contractor and if fully occupied at the current rents ($1150, $700 and $700) it carries a mortgage of $600,000. (id:40058)

Property Details

MLS® Number 40094499
Property Type Multi-family
Amenities Near By Park, Public Transit, Schools, Shopping
Equipment Type Water Heater
Features Park Setting, Park/reserve
Parking Space Total 7
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 3
Bedrooms Total 6
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1868
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco, Vinyl Siding
Fire Protection Smoke Detectors
Fixture Ceiling Fans
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1950
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Fence Type Fence
Land Amenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 102 Ft
Size Frontage 67 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

https://www.realtor.ca/real-estate/23038164/41-oak-street-cambridge

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