Property Details
318 DOLPH Street S, Cambridge, Ontario, N3H2C2
$1,579,000 - For sale
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:2471)
Location DescriptionCORNER OF HAMILTON ST AND DOLPH ST S
- Property Address:318 DOLPH Street S, Cambridge, Ontario, N3H2C2
- Property Type:Multi-family
- Title:Freehold
- Lot Size:under 1/2 acre
- Acreage:under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Driveway:Visitor Parking
- Parking Space Total:7
- Bedrooms:3
- Floor Space:3112
- Heating Type:Natural gas, Forced air
- Storeys:2.5
- Basement Type:Full (Partially finished)
- Foundation Type:Block
- Cooling Type:None
- Appliances Included:Water softener
- Exterior Type:Brick
- Amenities Nearby:Public Transit, Schools
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- Map 318 DOLPH Street S, Cambridge, Ontario, N3H2C2
- Neighbourhood Information
318 DOLPH Street S, Cambridge, Ontario, N3H2C2
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