290-292 MAIN Street Cambridge

290-292 MAIN Street, Cambridge, Ontario

$928,800

  • 8 Beds
  • 4 Baths
  • 3,310 Square Feet

3310 sq ft stone 4 plex with 2 separate driveways in RM4 zoning with tremendous potential! The 85' X 132' lot has paved parking for 10-15 + vehicles with plenty of play yard to spare. 290 Main St is an attached 2 level semi with a 6 car plus private driveway and its own private fenced in backyard. It is the unit on the left side facing the property. 292 Main St has a separate driveway on the right side facing the property that leads to back yard parking for the other 3 units (Unit A, Unit B, Unit C). The property has 2 separate sewer lines and a new sewer line and water line was installed in 2017. There are 4 separate water meters, 4 separate hydro meters, 4 separate gas meters, 4 hot owned water tanks, 4 fridges, and 4 stoves. 3 Units have tenant owned laundry facilities. All the utilities are payed by the Tenants except the Landlord pays for Unit C water only. (Approx. $120/month) There is a separate back door walkdown to the basement for the building mechanics. The current rents are low but the potential is excellent for the savvy investor. Current rents are in the Realtor Remarks. (id:23309)

  • Listing ID: 40536775
  • Property Type: Multi-family

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Details

  • Ownership: Freehold
  • Parking Spaces: 15
  • Transaction: For sale
  • Zoning Description: RM4

Building

  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Cooling: None
  • Exterior Finish: Stone
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 3310 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Sewer: Municipal sewage system
  • Size Frontage: 85 ft
MLS®

Listing provided by RE/MAX K.L.S. REALTY INC., BROKERAGE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 290-292 MAIN Street in Cambridge Ontario, was last modified on February 23rd, 2024. Contact Sabrina Essery to schedule a viewing or to find other properties for sale in Cambridge.

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