Removed on Aug 14, 2024
Note: Property is not currently for sale or for rent.
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Type: Fourplex
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Style: Bungalow-Raised
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Size: 1100 sqft
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Lot Size: 45 x 120 Feet
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Age: No Data
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Taxes: $3,975 per year
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Days on Site: 61 Days
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Added: Jun 14, 2024 (1 month on market)
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Updated:
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Last Checked: 2 hours ago
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MLS®#: X8442146
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Listed By: Shaw realty group inc.
This is the definition of a turnkey and worry free investment. Welcome to 42 Portland st. Cambridge. No expense was spared in this conversion project from church to 4 unit property. With a 5 year lease in place for all 4 units, the savvy investor has no worries about tenant turn over, no worries about rental increases (4% per year already in place), and no worries about the maintenances of the building. In the next 5 years this building will collect $614,210 in rent and tenant covers all utilities. All mechanicals new and owned, appliances are brand new, metal roof for longevity, all new wiring (200amp) and plumbing and a new water main and sewer main, and Insulation redone to meet energy efficiency code. Located in a quiet area and truly a must see, don't let this opportunity slip by.
Status
Days on Market: 61
Last Status: Terminated
Sold Date: Jan 31, 2025
Closed Date: Nov 30, -0001
Expiry Date: Sep 30, 2024
Unavailable Date: Aug 14, 2024
Input Date: Jun 14, 2024
Prior LSC: Listing with no contract changes
Property
Status: Sale
Property Type: Fourplex
Style: Bungalow-Raised
Size (sq ft): 1100
Area: Cambridge
Availability Date: Flexible
Assessment Amount: $304,000
Assessment Year: 2023
Inside
Bedrooms: 4
Bedrooms Plus: 3
Bathrooms: 4
Kitchens: 2
Kitchens Plus: 2
Rooms: 20
Den/Family Room: No
Air Conditioning: Central Air
Fireplace: No
Washrooms: 4
Building
Basement: Finished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Alum Siding
Exterior: Brick
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Front Yard
Garage Type: None
Covered Parking Spaces: 6
Total Parking Spaces: 6
Fees
Tax Year: 2023
Tax Legal Description: PT LT 96 PL 447 CAMBRIDGE AS IN WS747173 CITY OF CAMBRIDGE
Taxes: $3,975
Land
Cross Street: Oxford St to Portlan
Municipality District: Cambridge
Fronting On: East
Pool: None
Sewer: Sewers
Lot Depth: 120 Feet
Lot Frontage: 45 Feet
Zoning: RM4
Additional Media
- Virtual Tour: https://unbranded.youriguide.com/42_portland_street_cambridge_on/
Rooms
Room details for 42 Portland Street, Cambridge
| Type | Dimensions | Description |
|---|---|---|
| Bathroom Main | 2.36 x 1.48 | 4 Pc Bath |
| Br Main | 2.79 x 2.74 | |
| Br Main | 2.95 x 3.64 | |
| Bathroom Bsmt | 2.50 x 1.47 | 4 Pc Bath |
| Br Bsmt | 3.07 x 2.89 | |
| Br Main | 2.74 x 2.72 | |
| Br Main | 4.40 x 3.65 | |
| Bathroom Main | 2.57 x 1.49 | 4 Pc Bath |
| Br Bsmt | 2.89 x 2.65 | |
| Br Bsmt | 4.12 x 2.88 | |
| Bathroom Bsmt | 2.61 x 1.49 | 4 Pc Bath |
Very Walkable
- Most errands can be accomplished on foot.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
St Peter Catholic Elementary School
Elementary: CatholicCentral Public School
Elementary: PublicBlair Road Public School
Elementary: PublicManchester Public School
Elementary: PublicSt Anne Catholic Elementary School
Elementary: CatholicAvenue Road Public School
Elementary: PublicSouthwood Secondary School
Secondary: PublicGlenview Park Secondary School
Secondary: PublicGalt Collegiate and Vocational Institute
Secondary: PublicMonsignor Doyle Catholic Secondary School
Secondary: CatholicJacob Hespeler Secondary School
Secondary: PublicSt Benedict Catholic Secondary School
Secondary: Catholic-
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