DUKE STREET CAMBRIDGE, ON

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939-941

DUKE STREET CAMBRIDGE, ON

Partnership. Performance.

Legal Four-Plex Available For Sale • Varying unit sizes • Parking per unit MULTI-FAMILY

For more information please contact: Erik Dahm Broker 226.366.9013 [email protected]

Nick Boertien Senior Vice President, Principal Sales Representative 226.366.9011 [email protected]

939-941 DUKE STREET, CAMBRIDGE Property Highlights Total Area

5,000 sf

Units

Four (4) units

Investment Highlights • Legal four-plex for sale in downtown Preston • Income and Tenants in place • Variety of unit sizes • Investment opportunity with ability to generate additional income • Some improvements completed

Lot Size

0.343 acres

Income and Expenses Frontage

100 feet

Property Use Multi-Family Zoning Parking

R-5 1 per unit

Revenue (2017)

Expenses

Unit 939

$800 / month

Property Taxes (2016)

$6,577.88

Unit 939 A

$1,000 / month

Union Gas

$1,938.51

Unit 941

$1,600 / month *

Water

$1,411.34

Unit 941 A

$1,050 / month Total Expenses

$9,927.73

Total Income $4,450 / month * * Projected Rental Income

Taxes Asking Price

$6,578 (2017) SUBJECT PROPERTY

$895,000 DU

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Avison Young Commercial Real Estate (Southwestern Ontario), Brokerage 231 Shearson Crescent, Suite 210 Cambridge ON N1T 1J5 T 226.366.9090 F 866.541.9755

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For more information, please contact: Erik Dahm Broker 226.366.9013 [email protected]

Nick Boertien Senior Vice President, Principal Sales Representative 226.366.9011 [email protected]

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