Attention Investors. 16 units and fully occupied. Terrific income and well maintained. Welcome to 260 Southwood Drive in Cambridge. This all brick 3 story building has been well cared for over the years. This building features 4-1 bedroom units, 3-3 bedroom units, and 9-2 bedrooms units. Financials available upon request. Some of the features include controlled entry, newer windows and doors throughout, new balcony enclosures, newer flat roof with upgraded insulation, new hot water tank servicing the entire building. All the units are in great shape and very spacious. This building offers plenty of parking to the rear of the building. One owner for over 40 years. The building offers a gross income of $177,888.00 per year, and a net income of $101,462.17 estimated.
Off market
Price Unknown
260 Southwood Dr, Cambridge, ON N1S 3S6
--beds
0baths
Multi-10+Unit
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
$-- Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Laundry: Coin Operated, Laundry Room, Lower Level
Features
- Water Heater Owned, Water Meter, Water Softener
Property
Lot
- Topography: Flat
Details
- Additional structures: Shed
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-10+Unit
Utilities & green energy
- Sewer: Sewer (Municipal)
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Cambridge
Other
Other facts
- Property Type: Residential Income
- Services: Cable, Electricity, High Speed Internet, Natural Gas, Recycling Pickup, Telephone
- Sewer: Sewer (Municipal)
- Topography: Flat
- Features Area Influences: Downtown, Major Highway, Park, Place of Worship, Public Transit, Schools
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Heating: Gas Hot Water
- Exterior Features: Controlled Entry, Balcony, Lighting
- Interior Features: Water Heater Owned, Water Meter, Water Softener
- Other Structures: Shed
- Roof: Flat
- Water Treatment: Water Softener
- Laundry Features: Coin Operated, Laundry Room, Lower Level
- Location: Urban
- Property Sub Type: Multi-10+Unit