24 Bedroom
8 Bathroom
5,000 - 100,000 sqft
None
Baseboard Heaters
$1,999,999
23 Glen Road presents a rare opportunity to acquire a well-maintained 8-plex multifamily investment property comprised of highly sought-after 2-bedroom townhome units. This asset offers strong, stable income supported by long-term tenants and pride of ownership throughout. The property has been carefully maintained over the years, minimizing immediate capital expenditures while providing investors with confidence in long-term performance. An added bonus is the existing government-backed solar contract, creating an additional revenue stream and enhancing overall returns. On-site, a large maintenance building provides ample space for storage, equipment, and efficient property upkeep-an attractive feature for hands-on investors or property managers. Ideally located close to a wide range of amenities including shopping, transit, schools, and everyday conveniences, 23 Glen Road appeals to both tenants and investors alike. A turnkey investment opportunity combining stability, additional income potential, and long-term upside in a desirable rental market. (id:49269)
Property Details
|
MLS® Number
|
X13091726 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Hospital, Park, Place Of Worship, Public Transit |
|
Community Features
|
Community Centre |
|
Parking Space Total
|
16 |
Building
|
Bathroom Total
|
8 |
|
Bedrooms Above Ground
|
24 |
|
Bedrooms Total
|
24 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Stories Total
|
2 |
|
Size Interior
|
5,000 - 100,000 Sqft |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Park, Place Of Worship, Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
150 Ft |
|
Size Frontage
|
100 Ft |
|
Size Irregular
|
100 X 150 Ft |
|
Size Total Text
|
100 X 150 Ft |
|
Zoning Description
|
Rm4 |
https://www.realtor.ca/real-estate/29710448/23-glen-road-cambridge