26 BERGEY Street , Cambridge

5 Bed / 3 Bath / $919,900 / MLS® Listing #:40324613

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Amazing Hespeler invest property! This property can generate $70,000 plus per year in revenue! This property was recently legally rezoned to a legal duplex with an additional accessory apartment! The accessory apartment is an additional free standing building on the property! All work permits recently closed out and fully inspected. Incredible rental income at this price point. The front unit is a two-story, 2 bedroom unit which is currently vacant. New owner can set the new market rental amount! The back unit of the main building is also a two bedroom bungalow unit, which currently pays $1575 per month. The brand new accessory apartment is a loft style and vacant. The new owner can set the market rent on this unit as well! Two units have their own washer and dryer and the accessory apartment also has its own washer and dryer hook up. All three units are separately metered for hydro and tenants pay their own hydro. All three units have their own fenced in yards. There is enough parking for 8 cars possibly more with a massive recently paved driveway! Landlord only pays for property taxes and building insurance. Tenants pay for all utilities. No rented equipment on the property. Steel roof by London Echo Roofing, installed in 2014. Gas furnace in front unit. Ductless heat and air conditioning units in the back unit and the accessory apartment unit. All windows and doors updated as well. This property has had a massive amount of updating in the right areas over the past 5 years. (id:10452)

Property Details

Property Type House
Architectural Style 2 Level
Square Feet 2752.0000
Maintenance N/A
Days On Our Website 18
Basement Unfinished - Partial (Unfinished)
Kitchens 3
Lot Dimensions under 1/2 acre
Pool N/A
Area Cambridge
Air Conditioning Ductless
Heating Natural gas - Forced air, Heat Pump
Exterior Vinyl siding
Parking Spaces 8
Sewers Municipal sewage system
Water Municipal water


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