Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
- You will be automatically entered for a chance
to Win a $250 American Express Gift Card. - Unlimited, free basic Listings/Ads.
Brokers register for Free
Brokers/REALTORS®
Referrals
Refer a Buyer or Seller
...earn referral fees
Learn More
×
Close
Commercial Real Estate
For Sale
Apartment Buildings
Ontario
Cambridge
Apartment BuildingFor Sale At 98 OAK Street In Cambridge, Ontario
Commercial Real Estate
For Sale
Apartment Buildings
Ontario
Cambridge
Apartment BuildingFor Sale At 98 OAK Street In Cambridge, Ontario
4 Sale ID #242565
Archived 06 Jun 2024
- PHOTOS
- FLOORPLANS
- MAP
This Listing is no longer available
Asking Price
$599,900
Cap RateThe capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Charming Duplex in Tranquil Neighborhood: Welcome to your dream investment opportunity nestled in a serene and sought-after neighborhood. This duplex offers the perfect blend of comfort, convenience, and potential for both homeowners and savvy investors alike. This duplex features a clean and comfortable two-bedroom unit upstairs and a spacious one-bedroom unit downstairs, providing versatile living arrangements to suit various needs. Enjoy the elegance of 9-foot ceilings on the main floor that add an airy ambiance and a sense of grandeur. With a generous gas heated two-car garage with 60 amp service and additional space for up to 8 vehicles, parking will never be a concern for you or your tenants. The partially finished basem*nt currently has a gorgeous pool table, which can be left or removed. Large windows throughout the duplex flood the interior with natural light, creating a warm and inviting environment that enhances the overall appeal of the space. Situated on a private lot, you'll enjoy a sense of tranquility and privacy, perfect for unwinding after a long day or hosting gatherings with family and friends. Located in a quiet and family-friendly neighborhood, this duplex offers the ideal balance of peaceful living and convenient access to nearby amenities. From local shops and restaurants to parks and recreational facilities, everything you need is just moments away. Investment Opportunity: Whether you're looking to generate rental income or occupy one unit while renting out the other, this duplex presents a lucrative investment opportunity with endless potential. Take advantage of the growing demand for quality housing in this desirable area and secure your financial future today. (id:39198)
- MLS®:#40593320
- Date Listed:30 May 2024
Location
Province
Ontario
City
Cambridge
Address
98 Oak Street
Postal Code
N1R4L2
Location Highlights
N/A
Listed by
COLDWELL BANKER PETER BENNINGER REALTY Ontario listing
Category
apartment-buildings
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,642
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$599,900
Asking Price
$599,900
Cap RateThe capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOINet Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
Cash Flow - annual1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,642
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Similar Listings
City and Neighborhood Profiles - helpful local information/data
Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
Rate this listing for your dashboard.
Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
Save this Listing
Save this suggested name or enter your own
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
Video upload.
Can't upload video with basic plan.