$774,900

14-16 Murdoch Street

Cambridge ON, N1R 4M4

Description

Excellent investment or great for owner-occupied building. Cash flow on day one with this well cared for turn-key Triplex in desirable East Galt. This amazing & unique triplex offers a 4 bedroom 1 bath home with full basement & separate entrance as well as two fully updated two bedroom 1 bath apartments. All 3 with in-suite laundry & currently rented w/six parking spaces in behind. Possibility of a 4th unit in basement underneath apartments. Improvements: Unit 16 updated Kitchen, backsplash, ceramic & laminate flooring, toilet & vanity w/exhaust fan & venting, insulation, drywall & paint in 2 bedrooms and re-ran ductwork for more efficiency. Units 16-1 & 16-2 newer laminate flooring & backsplash. Exterior all siding painted, Window trim, eves & doors. Cast iron plumbing pipe to be removed from home/road & replaced (1/2 already done). New driveway 2017. Incl. all appliances. Well cared for this property still has lots of room to increase rents over time. Close to public transit, schools, parks/playground, amenities and the downtown core - this Multi Family property is poised for long term growth! The best part? Each unit pays for their own hydro. All units have been recently renovated in last 5-6 yrs. Contact listing agent today for the financial package and to book a showing before this property sells! Tenants would all like to stay & have been renting for 2 plus years. 2 Sheds also included and are for owners maintenance items.

Details

MLS#30828201
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site69

Features

Units3
Building(s)1
Loading Form
Loading Form
Area Information
ProvinceON
CountyWaterloo
CityCambridge
Postal CodeN1R 4M4
Area12 - Galt East
Listing VS Median (in N1R 4M4)
Price:
$774,900
low | high
Med:
$774,900
50% of Average
On Site:
69
low | high
Med:
69
100% of Average
Listing Updated: 10/20/2020
GENE KOESLAG LogoMLS Number: 30828201
Listing Provided By:
GENE KOESLAG  of  RE MAX REAL ESTATE CENTRE INC. BROKERAGE
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.