916 Queenston Road, Cambridge - Multi-family for Sale

Description

Exceptional commercial investment opportunity in Cambridge featuring a six-unit multi-residential income property on an approximately 0.4-acre inner-city corner lot. The offering includes a substantial 1920s Arts & Crafts main building of approximately 4,800 sq. ft. together with a detached rear duplex, creating a diversified six-unit rental asset.The property combines established income with significant value-add potential. A vacant approximately 1,600 sq. ft. main-floor unit provides an opportunity for premium leasing, owner occupancy, or repositioning, while the remaining units contribute ongoing rental income. The main building retains distinctive architectural character, including cut-sandstone veneer, solid brick construction, original woodwork, and two main-floor fireplaces.Additional features include a partially finished walk-out basement with approximately 8-ft ceilings, multiple entrances, separate hydro for the rear duplex, and a substantial portion of open land that may offer future infill or accessory development potential, subject to municipal approvals. A unique opportunity for investors seeking income, character, land value, and long-term redevelopment potential in a well-positioned Cambridge location. (id:66096)

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