660 KING Street E
Cambridge – Ontario
$1,449,999
MLS® Number 40827594 | Listing provided by: RE/MAX SOLID GOLD REALTY (II) LTD. | Powered byREALTOR.ca
About this property
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:66549)
Details
- Bedrooms
- 6
- Bathrooms
- 4
- Size
- 7,412 sq ft
- Property type
- House
- Year built
- 1931
- Stories
- 2
- Parking spaces
- 3
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas
- Neighbourhood
- 52 - Preston North
- Postal code
- N3H3N6
- MLS® Number
- 40827594
- Status
- For Sale
Features
- Air Conditioning
- Storage