660 King Street E, Cambridge, Ontario

$1,449,999

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6

Beds

4

Baths

About 660 King Street E

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:6289)

Features of 660 King Street E

Listing # 40827594
Price $1,449,999
Bedrooms 6
Bathrooms 4.00
Year Built 1931
Type Multi-family
Sub-Type Freehold

Community Information

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

Amenities

Parking Spaces 3
Parking Open
Garages Open
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters, Forced air, Electric, Natural gas
Cooling Central air conditioning, Wall unit
Fireplace No
Has Basement No
Basement Unfinished, Full

Exterior

Exterior Brick Veneer
Foundation Poured Concrete

Listing Details

OfficeRE/MAX SOLID GOLD REALTY (II) LTD.

Listing Map

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