30 Brook Street Cambridge, Ontario N1R 4C1

5 Bedroom 3 Bathroom 2,739 ft2
None

$949,900

30 Brook St, Cambridge –Unique Opportunity 5-Plex Investment Welcome to 30 Brook St in Cambridge, a solid five-unit residential investment property located in a strong rental area close to downtown amenities, transit, shopping, and major commuter routes. This well-maintained multi-unit building offers investors a stable income property with key mechanical updates already completed. The property consists of five self-contained residential units, providing diversified rental income and consistent tenant demand. Rent is Unit 1 - Lease - $1450/Unit 2 - Month to month - $1328/Unit 3 - Vacant - $1669/Unit 4 - Lease - $1400/Unit 5 - Lease - $1200. A high-efficiency boiler system was installed in 2016, and the property also features a new owned hot water heater installed in 2024, reducing near-term capital expenditure for the next owner. Tenants are responsible for their own hydro, helping keep operating expenses manageable while maintaining strong rental appeal. The building’s layout and location make it attractive for long-term tenants seeking proximity to downtown Cambridge, parks, public transit, and local services. With solid fundamentals, important infrastructure upgrades already in place, and reliable tenant demand in the Cambridge rental market, 30 Brook St presents an excellent opportunity for investors looking to add a stable multi-unit asset to their portfolio. (id:57134)

Property Details

MLS® Number 40809475
Property Type Multi-family
Amenities Near By Airport, Park, Place Of Worship, Public Transit, Schools
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Total 5
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1880
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Stories Total 2
Size Interior 2,739 Ft2
Utility Water Municipal Water

Parking

Open

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Airport, Park, Place Of Worship, Public Transit, Schools
Sewer Municipal Sewage System
Size Frontage 111 Ft
Size Total 0|under 1/2 Acre
Size Total Text 0|under 1/2 Acre
Zoning Description R4

https://www.realtor.ca/real-estate/29436789/30-brook-street-cambridge

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