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:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X13091236 |
| Property Type | Multi-family |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 171 Ft |
| Size Frontage | 100 Ft |
| Size Irregular | 0.395 |
| Size Total | 0.395 Ac |
| Size Total Text | 0.395 Ac |
| Zoning Description | Rm4 |
https://www.realtor.ca/real-estate/29709738/29-glen-road-cambridge
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