660 KING Street East, Cambridge, Ontario N3H3N6
Listing courtesy of RE/MAX SOLID GOLD REALTY (II) LTD..
- $1,449,999
- 6
- BD
- 4
- BA
- List Price
- $1,449,999
- Price Change
- ▼ $50,000 1781229765
- MLS®
- 40827594
- Days on Market
- 81
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 4
- Subdivision
- 52 - Preston North
Property Description
PRICE DROP!! Now offering just under 7% 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:5764)
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Additional Information
- Ownership
- Freehold
- Basement Features
- Unfinished, Full
- Basement
- Yes
- Subdivision
- 52 - Preston North
- Parking Spaces
- 3
- Cooling
- Central air conditioning, Wall unit
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- High Traffic Area, School Bus, Community Centre
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas
- Total Number Of Units
- 4
