Income Property in Prime West Galt – Over $71,000 Annual Income! Welcome to 40 John Street, Cambridge – a rare and incredibly spacious 4-unit investment property in one of West Galt’s most desirable locations! Boasting over 4,000 sq ft of finished living space, this charming and unique building offers a variety of well-designed layouts perfect for attracting and retaining quality tenants. Featuring two 2 bedroom units, one on each side, a spacious 1 bedroom unit in the middle and the large 3 bedroom unit above. Situated on a quiet, family-friendly street just steps from the Grand River, Gas Light District, and vibrant Downtown Galt, this property blends residential charm with rental appeal - perfect for multi-generational living or investors looking for income! Enjoy unique features like 6+ parking spaces, private backyard access for one of the units, roof patio access for 2 units and high ceilings throughout. Key upgrades include a brand new boiler system in 2025, partial new roof in 2016, 3 of 4 units recently updated, new front deck, new eaves, multiple windows replaced, updated lobby/front entrance. (id:60234)
MLS® Number | 40715284 |
Property Type | Multi-family |
Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Shopping |
Community Features | Quiet Area |
Equipment Type | Water Heater |
Features | Cul-de-sac, Paved Driveway |
Parking Space Total | 6 |
Rental Equipment Type | Water Heater |
Bathroom Total | 4 |
Bedrooms Total | 8 |
Basement Development | Unfinished |
Basement Type | Partial (unfinished) |
Constructed Date | 1900 |
Cooling Type | None |
Exterior Finish | Brick |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Heating Type | Baseboard Heaters, Other, Radiant Heat |
Stories Total | 3 |
Size Interior | 4,361 Ft2 |
Type | Fourplex |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 75 Ft |
Size Frontage | 109 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R4 |
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