Property Description

This is a great investment opportunity with instant returns! Welcome to 41 Oak street, a legal non-conforming triplex in the quaint neighborhood of east Galt with the globe street lights and charm + character at every turn. The main floor features a 4 bedroom spacious unit with in-suite laundry and access to the large backyard, the attached garage was converted into a storage area and bedroom for the main floor. This unit is currently rented month to month at $1150. Upstairs are two 1 bedroom units with living room, full kitchen, and 3 pc bathroom; one is vacant so you can set your own rent, the other is currently rented month to month at $700 plus hydro. All units have separate hydro meters. The property also includes two driveways, so plenty of parking for all units, a large private backyard, and large detached garage with hydro and wood burning fireplace, the garage also includes a pit for working on vehicles, and a large shop area attached. Listed at $449,900 this home has a ton of potential for the savvy investor/contractor and if fully occupied at the current rents ($1150, $700 and $700) it carries a mortgage of $600,000.

Features
: Forced air, Gas
: Carbon Monoxide Detector(s), Smoke Detector(s)
: Asphalt Shing
: Water heater, Separate hydro meters, Ceiling fans
: Deck(s)
: Stone
: Municipal
Address Map
CA
Ontario
Waterloo
Cambridge
N1R 4K9
OAK
41
Street
W81° 41' 37.9''
N43° 21' 34.7''
Additional Information
ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE
0
0 Sqft
Multi-3 Unit
McNaughton Street to Oak Street

41 OAK Cambridge

41 OAK Street, Cambridge, Ontario N1R 4K9

6 Bedrooms
3 Bathrooms
C$459900
Listing ID #40094499
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 40094499
Price : C$459900
Bedrooms : 6
Bathrooms : 3
Year Built : 1868
Status : Active
Lot Depth : 102.19
Lot Front : 66.63
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