42 Portland Street, Cambridge | Image 1

42 Portland Street

Cambridge

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Removed

Removed on Aug 14, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Fourplex

  • Style: Bungalow-Raised

  • Size: 1100 sqft

  • Lot Size: 45 x 120 Feet

  • Age: No Data

  • Taxes: $3,975 per year

  • Days on Site: 61 Days

  • Added: Jun 14, 2024 (2 months on market)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8442146

  • 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: Oct 05, 2024

  • 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
Bathroom Main 2.36 x 1.48
Br Main 2.79 x 2.74
Br Main 2.95 x 3.64
Bathroom Bsmt 2.50 x 1.47
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
Br Bsmt 2.89 x 2.65
Br Bsmt 4.12 x 2.88
Bathroom Bsmt 2.61 x 1.49
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Very Walkable

  • Most errands can be accomplished on foot.
72 /100

Good Transit

  • Some errands can be accomplished by public transportation.
52 /100

Very Bikeable

  • Most errands can be accomplished on bike.
71 /100
Map of 42 Portland Street, Cambridge
JK-8

St Peter Catholic Elementary School

Elementary: Catholic
1.19 km
JK-6

Central Public School

Elementary: Public
1.11 km
JK-6

Blair Road Public School

Elementary: Public
1.53 km
JK-6

Manchester Public School

Elementary: Public
0.47 km
JK-8

St Anne Catholic Elementary School

Elementary: Catholic
0.95 km
JK-8

Avenue Road Public School

Elementary: Public
1.37 km
Pre-Grade 9-12

Southwood Secondary School

Secondary: Public
2.85 km
Pre-Grade 9-12

Glenview Park Secondary School

Secondary: Public
2.35 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
0.65 km
9-12

Monsignor Doyle Catholic Secondary School

Secondary: Catholic
3.13 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Secondary: Public
5.63 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
2.88 km

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