660 E King Street East Street E, Cambridge, Ontario

$1,600,000

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7,412

Square feet

About 660 E King Street East Street E

Fantastic investment opportunity in the heart of Preston. A well-maintained mixed-use building with quality, long term residential and commercial tenants make this a true turn-key future. Current cap rate approx 5.6% with a market rate closer to 8% after future tenant turnover. With 4 residential units and 2 commercial, this building offers a good mix of income streams with great upside potential. 2 - two bedroom units and 2 - one bedroom units on the upper levels. Main floor commercial with great street exposure and long-term leases. Potential for additional storage income. Parking for 3 vehicles out back. Schedule a viewing today! (id:6289)

Features of 660 E King Street East Street E

Listing # 40556695
Price $1,600,000
Bathrooms 0.00
Square Footage 7,412
Acres 0.00
Type Office
Sub-Type Freehold

Community Information

Address 660 E King Street East Street E
Subdivision 52 - Preston North
City Cambridge
Province Ontario
Postal Code N3H3N6

Amenities

Amenities Airport, Hospital, Public Transit, Schools
Utilities Electricity, Natural Gas, Telephone
Features Visual exposure, Paved driveway
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick, Concrete
Construction Concrete block, Concrete Walls
Foundation Poured Concrete

Listing Details

OfficeRE/MAX SOLID GOLD REALTY (II) LTD.

Listing Map

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