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
KI
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] avisonyoung.com ©2017 Avison Young (Canada) Inc. All rights reserved. The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.