50 RIFE Avenue, Cambridge, Ontario N3C2G7

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE.

$1,049,000
5
BD
4
BA
3,000
SqFt

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List Price
$1,049,000
MLS®
40827084
Days on Market
81
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
5
Bathrooms
4
Living Area
3,000
Subdivision
43 - Hillcrest/Forbes Park

Property Description

ATTENTION INVESTORS AND THOSE LOOKING FOR A MULTI-GENERATIONAL HOME. THIS WELL MAINTAINED TRIPLEX WITH AN ADDITIONAL ACCESSORY LOFT APARTMENT IS CONVENIENTLY LOCATED IN BEAUTIFUL OLD HESPELER IN A QUIET AREA CLOSE TO SHOPPING, PUBLIC TRANSPORTATION, PARKS AND WALKING TRAILS. ALWAYS FULLY RENTED WITH GREAT TENANTS, THIS PROPERTY HAS HAD MANY UPDATES OVER THE YEARS INCLUDING, PLUMBING, ELECTRICAL, WINDOWS, FURNACE AND ROOF AND EACH UNIT HAS THEIR OWN HYDRO METER. A NEWLEY CREATED COIN OPPERATED LAUNDRY ROOM HAS JUST BEEN COMPLETED FOR EVEN MORE POTENTIAL INCOME AND 3 OF THE 4 UNITS HAVE RECENTLY BEEN COMPLETELY RENOVATED. WHETHER YOU WANT TO ADD TO YOUR RENTAL PORTFOLIO OR NEED A LARGE HOME FOR YOUR MULTI-GENERATIONAL FAMILY, THIS PROPERTY WILL CHECK ALL THE BOXES!LAUNDRY ROOM JUST INSTALLED FOR EXTRA INCOME! DON'T DELAY CHECKING OUT THIS GREAT PROPERTY TODAY! FINANCING OPTIONS AVAILABLE. (id:5764)

Additional Information

Ownership
Freehold
Basement Features
Finished, Full
Basement
Yes
Subdivision
43 - Hillcrest/Forbes Park
Parking Spaces
5
Cooling
None
Country
Canada
Sewer
Municipal sewage system
Community Features
Quiet Area, Community Centre
Heating
Forced air, Natural gas
Lot Features
Crushed stone driveway, Laundry- Coin operated
Total Number Of Units
4
Stories
2.5

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Calculator source: Real Geeks