660 KING Street E, Cambridge, Ontario N3H 3N6
$1,449,999.00
- 6 bedrooms
- 4 bathrooms
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. ... read more
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:25417)
- Listing ID: 40827594
- Property Type: Multi-family
- Year Built: 1931
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | Open 3 Spaces |
| Building | |
|---|---|
| HVAC: | Baseboard Heaters, Central Air Conditioning, Fireplace, Forced Air and Wall Unit Electric, Natural Gas |
| Exterior: | Brick Veneer |
| Basement: | Full (Unfinished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Cambridge |
| Province: | Ontario |
| Nearby Amenities: | Airport, Golf Nearby, Hospital, Park, Place Of Worship, Public Transit and Schools |
| Community Features: | Community Centre, High Traffic Area and School Bus |
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