30
See all 30 photos
$1,449,999
Est. payment /mo
6 Beds
4 Baths
Active
660 KING Street E Cambridge, ON N3H3N6
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision 52 - Preston North
MLS® Listing ID 40827594
Bedrooms 6
Year Built 1931
Property Sub-Type Freehold
Property Description
PRICE DROP!! Now offering 6% CAP RATE - it's hard to find buildings cash flowing like this one! This fantastic investment opportunity is in the heart of Preston with new investment happening all around and a plan for future LRT nearby. A well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants makes this a true turn-key opportunity. With 4 residential units and 2 commercial, this building offers a good mix of income streams with fantastic upside potential. 2- two bedroom units and 2 - one bedroom units on the upper levels. The Main floor commercial offers great street exposure and long term leases. Potential for additional storage income. Equipment is all owned, no rentals. Appliances included. Schedule a viewing today (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, , Forced air,
Cooling Central air conditioning, Wall unit
Exterior
Parking Features No
Community Features High Traffic Area, Community Centre, School Bus
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
NEARBY SCHOOL & BUSINESS
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