6,600 ft2
$1,999,999
29 Glen Road presents a rare opportunity to acquire a well-maintained 8-plex multifamily investment property comprised of highly sought-after 2-bedroom townhome units. This asset offers strong, stable income supported by long-term tenants and pride of ownership throughout. The property has been carefully maintained over the years, minimizing immediate capital expenditures while providing investors with confidence in long-term performance. An added bonus is the existing government-backed solar contract, creating an additional revenue stream and enhancing overall returns. On-site, a large maintenance building provides ample space for storage, equipment, and efficient property upkeep—an attractive feature for hands-on investors or property managers. Ideally located close to a wide range of amenities including shopping, transit, schools, and everyday conveniences, 29 Glen Road appeals to both tenants and investors alike. A turnkey investment opportunity combining stability, additional income potential, and long-term upside in a desirable rental market. (id:50976)
Property Details
|
MLS® Number
|
40827672 |
|
Property Type
|
Other |
|
Amenities Near By
|
Hospital, Public Transit, Schools |
|
Community Features
|
High Traffic Area |
|
Equipment Type
|
Other |
|
Rental Equipment Type
|
Other |
Building
|
Basement Type
|
Full |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Stories Total
|
3 |
|
Size Exterior
|
6600.0000 |
|
Size Interior
|
6,600 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
172 Ft |
|
Size Frontage
|
100 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Rm4 |
https://www.realtor.ca/real-estate/29709188/29-glen-road-cambridge