752 Sherring Street, Cambridge, ON N3H 2X4

$769,000
: 5
BD
: 4
BA
: 1,500
SqFt

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List Price: $769,000
MLS#: X13883376
Status: ACTIVE
Type: Multifamily
SubType: Triplex
Style: 2-Storey
Bedrooms: 5
Bathrooms: 4
Living Area: 1500-2000
Province: ON
Municipality: Cambridge
Area: Waterloo
Subdivision: King St / Church St S

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Property Description

PERFECT INVESTMENT OPPORTUNITY. This property sits tucked away in a great little neighbourhood in Preston. It is currently a LEGAL DUPLEX, however, the current zoning permits up to 3 units. The property is presently operating with 4 units. Major renovations were completed in 2019, including new plumbing and electrical. The property is currently generating $4300 / mo and with an approximate market rent of $1900 for the vacant 2 bed unit, that would change to over $6200 monthly, rents are all inclusive. All units have their own mini-split systems for heat/cooling and have their own hydro panel and water heater.

905.449.7653

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Additional Information

Taxes: $5,938
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Kitchens: 4
Exterior: Aluminum Siding, Brick
Garage Type: None
Pool: None
Parking Spaces: 5
Parking Type: Private