Investment Opportunity in a Desirable Downtown Galt Location! This fully occupied 4-plex generates an impressive $71,000+ in gross annual income, making it an appealing choice for investors. Each of the four 2-bedroom, 1-bath units includes a single-car garage—a rare feature in multi-unit properties—and boasts a private patio in the back. Tenants also enjoy common laundry facilities and ample on-site parking. Situated just steps away from a bus stop and minutes from Downtown Galt, this property’s desirable location places tenants near popular restaurants, shops, historical churches, and vibrant cultural spots like the School of Architecture, the digital library, the Hamilton Family Theatre, the Gaslight District, Mill Race Park, and the scenic Grand River. The historic Cambridge Farmers’ Market is also within easy reach. Families will appreciate the proximity to Galt Collegiate Institute, Ontario Muslim Academy, a Montessori school, and Manchester Public School. Don’t miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio! (id:4069)
Address
42 MARKET Street
List Price
$999,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Area
Ontario
Sub-Area
Cambridge
Bedrooms
8
Bathrooms
4
Floor Area
3,520 Sq. Ft.
Year Built
1967
MLS® Number
40702939
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
| RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Basement Area
None
Postal Code
N1R3T2
Zoning
C1RM1
Site Influences
Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
Features
Paved driveway, Laundry- Coin operated
