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:61852)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X13091236 |
| Property Type | Multi-family |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Electric |
| HeatingType | Forced Air |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 171 Ft |
| SizeFrontage | 100 Ft |
| SizeIrregular | 0.395 |
| SizeTotal | 0.395 Ac |
| SizeTotalText | 0.395 Ac |
| ZoningDescription | Rm4 |
https://www.realtor.ca/real-estate/29709738/29-glen-road-cambridge
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Mike Bolger
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