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18 QUEEN Street W, Cambridge, Ontario

$2,900,000

10 Beds
10,000 Square Feet

17 Unit building being offered at a 6.5% CAP rate in Waterloo Region! This property is located in the heart of downtown Hespeler. Fully occupied with 2 commercial/retail spaces on the main floor, 10 one-bedroom apartments and 5 bachelor apartments. Several units have recently been updated completely with new plumbing, wiring, kitchens, bathrooms, flooring, and windows. The parking lot is brand new with eighteen spaces, new retaining wall surrounding the property, and updated hallways with new carpet and freshly painted. This property is a money-maker and has a great tenant profile. Financial info available upon request. (id:23309)

Listing ID: 40657268
Property Type: Multi-family

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Details

Amenities Nearby: Airport, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features: High Traffic Area, School Bus
Features: Laundry- Coin operated
Ownership: Freehold
Parking Spaces: 18
Transaction: For sale
Zoning Description: rm2

Building

BasementType: None
Cooling: None
Exterior Finish: Brick, Stone
Fireplace Present: False
Foundation: Stone
Heating: Baseboard heaters, Forced air
Heating Fuel: Electric, Natural gas
Size Interior: 10000 sqft
Stories Total: 3
Utility Water: Municipal water

Land

Amenities: Airport, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer: Municipal sewage system
Size Frontage: 91 ft

Listing provided by Re/Max Icon Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 18 QUEEN Street W in Cambridge Ontario. It was last modified on October 4th, 2024. Contact the Team Vadala to schedule a viewing or to discover other Cambridge real estate for sale.

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