WOW.. Fully Renovated, Downtown Cambridge Investment Property. Don't miss your chance to own this Well Maintained 2 Storey Commercial + Residential Building in Cambridge City Centre. This Building consists, Two Retail / Office Spaces on the Main Floor and Three (3) Apartments on the Upper Floor. Total Rental Income Upper Level Apt # 1, Apt # 2 and Apt # 3 is $58,500. Office # 1 and Office # 2 Main Floor is $70,800, Total Expenses $37,321.64, Net Annual Income $91,978.36, it has Good Cap Rate of 8.76%.
From the Historic Main and Ainslie Street Intersection. Close to City Hall, Drayton Theater, The Gaslight District, Ainslie Street Transit Terminal Ion (Brt) and (LRT - Coming Soon) and U of W School of Architecture. All Light Fixtures, All Existing Appliances.
