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57 LINNWOOD Avenue (30616146)

  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
  • 57 LINNWOOD Avenue
57 LINNWOOD Avenue, Cambridge, Ontario, N1R1V2
Property TypeMulti-family Building Area1150 square feet

Well maintained 3 unit residential building in one of Cambridge's fastest growing areas. Great investment opportunity! All units rented out month to month. FRONT unit 3 bedroom with wood burning fireplace, MIDDLE unit 2 bedroom, BACK unit 2 bedroom. New Roof 2017, Windows 7 years, ample parking, close to all amenities. Electric baseboards easily converted to gas furnace. (Seller has a quote to convert). All tenants are on month to month. The duration of tenancies vary from 5-8 years. Seller receives rent for 3 bedroom unit $1200.00/month and Tenant pays for all utilities. Seller receives rent for the 2 bedroom unit $800.00/month and Tenant pays for all utilities. Maintenance on the buildings include: Insurance on each building (roughly $1000.00 per unit a year), snow removal per year is $1,500.00 for both buildings, One of the tenants cuts the grass, Taxes are $4,200.00 each building. The quote the Seller received to convert baseboard to gas is quite old and Listing Agent is waiting for a company to give a recent idea on what it would cost. The overall condition is very clean and structure in tact. Units may need updating. The roof on 57 Linnwood Ave was done in 2016. The windows were all replaced within 7 year (id:15959)


Details
EquipmentNone FeaturesPaved driveway
OwnershipFreehold Parking Spaces5
Rental EquipmentNone TransactionFor sale
Zoning DescriptionRES
Building
Architectural Style2 Level, Multi-Unit Basement DevelopmentUnfinished
BasementFull (Unfinished) Construction Style AttachmentDetached
CoolingNone Exterior FinishBrick
Fire ProtectionSmoke Detectors FoundationPoured Concrete
Heating FuelElectric HeatingBaseboard heaters
Size Interior1150 sqft Storeys Total2
TypeTriplex Utility WaterMunicipal water
Land
Size Frontage50 ft SewerMunicipal sewage system
Size Depth134 ft

Listing Office: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

Data Provided by Cambridge Association of REALTORS® Inc.

Last Modified :21/03/2018 11:04:34 PM

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