Cambridge, ON N3H3N6 660 E KING Street E

$1,575,000

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Presented By: RE/MAX SOLID GOLD REALTY (II) LTD.
  • MLS# 40556617
  • 04/04/2024
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 7
  • SQFT • 7,412

Home Details

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:7434)
Presented By: RE/MAX SOLID GOLD REALTY (II) LTD.

Interior Features for 660 E KING Street E

Other Interior Features

Basement DevelopmentUnfinished
Basement TypeFull (Unfinished)
Building Fireplace PresentFalse
Building Heating FuelElectric, Natural gas
Building Heating TypeBaseboard heaters, Forced air

General for 660 E KING Street E

AmenitiesAirport, Golf Nearby, Park, Place of Worship, Public Transit, Schools
Building Cooling TypeCentral air conditioning, Wall unit
Building.StoriesTotal2
Community FeaturesHigh Traffic Area, Community Centre, School Bus
Foundation TypePoured Concrete
Location DescriptionFountain to King Street E
Ownership TypeFreehold
Parking Space Total3
Property TypeMulti-family
Zoning DescriptionC1RM2

Exterior for 660 E KING Street E

Exterior FinishBrick
Land Amenities Airport, Golf Nearby, Park, Place of Worship, Public Transit, Schools
SewerMunicipal sewage system

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $1,575,000
MLS#40556617
List Date 04/04/2024
Property Type Multi-Family
Phone 403.608.2191
Request Tour
Request Info
Visit My Website

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