MLS® X13810946 · Listed by LEAF AND PALM REALTY CORP. Source: TRREB MLS®. THE AGENCY does not represent this listing.
$2,980,000
Multiplex for sale · 14 bed · 12 bath
Excellent investment opportunity in Cambridge. This well-located 12-unit residential multiplex is a strong addition to any real estate portfolio, offering 12 self-contained residential units with large balconies, close to transit, shopping, schools, parks and everyday amenities. Extensive capital improvements already completed: common areas fully updated with Italian porcelain tile, a new master-key door lock system, and replacement of windows, roof, stairs, and interior and exterior lighting. Five suites have been completely renovated with new cabinetry, built-in washer/dryers and stainless steel appliances. A rare opportunity for investors seeking a multi-residential asset with long-term income and growth potential. Additional upside may be available through the conversion of the large vacant garage to residential suites, subject to municipal approvals. Listing salesperson is a licensed real estate professional and holds an ownership interest in the subject property.