ID#: 30691810 Status: For Sale

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$625,000
Location:

67 LINNWOOD Avenue, Cambridge Ontario

67 LINNWOOD Avenue, Cambridge Ontario
Description:
EAST GALT MULTI-UNIT! This all brick 3-unit residential building is ideal for investors. Features 3 well maintained units including the 3 bedroom front unit A with a wood burning fireplace, as well as a 2 bedroom unit B and C. All units are rented out month to month. Seller receives $1200/MO rent for the 3 bedroom unit and tenant pays for all utilities. Seller receives $800/MO for rent for the 2 bedroom units and the tenant pays for all utilities. All long term tenants. Maintenance on the building includes: Insurance approx $1000.00 a year, snow removal approx. $750 per year, one of the tenants cuts the grass, and property taxes approx $4,200 a year. Updates include: new roof (2016), all windows (2011). Electric baseboards can easily be converted to gas furnace. Located in a family friendly neighbourhood close to all amenities.
Property:
Type: Residential
Lot Dimensions: Rectangular Acreage: Under 0.5 Acres
Sewer: Sewer
Structure:
Type: Multi-Unit Site
Square Footage: 1150
Heating: Baseboard Heaters, Electric
Exterior: Brick
Features:
Separate Hydro Meters
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67 LINNWOOD Avenue, Cambridge Ontario

Twin City Realty Inc. Brokerage* - Cambridge



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