
Listed For
Added 1 month ago
5 Baths
3866 Square Feet
Commercial Retail
$6,200 Tax / yr
-
Bedrooms
5
Bathrooms
-
Garages
3866
Square Feet
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Excellent mixed-use investment opportunity in the heart of Downtown Cambridge. This well maintained, renovated two-storey commercial/residential building offers a diversified income stream with two main-floor commercial/office units and three residential apartments above. All three residential units are currently tenanted, with Unit 1 at $1,700/month, Unit 2 at $1,350/month, and Unit 3 at $1,700/month, providing $57,000 in annual residential rental income all inclusive. Main-floor Office/Retail Unit 1 is leased at $2950/month plus $120/month for utilities ($30,389.46 annually), while Unit 2 is currently vacant, offering an excellent opportunity for an additional rental income. Current gross rental income is $92,400 annually, excluding the vacant commercial unit 2. Each residential unit ha
Census area 35300682; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.