37
See all 37 photos
$1,575,000
Est. payment /mo
6 BD
7 BA
7,412 SqFt
Active
660 E KING Street E Cambridge, ON N3H3N6
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,412 sqft
Price per Sqft $212
Subdivision 52 - Preston North
MLS® Listing ID 40556617
Bedrooms 6
Originating Board Cornerstone - Waterloo Region
Year Built 1931
Property Description
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:24570)
Location
Province ON
Interior
Heating Baseboard heaters, , Forced air,
Cooling Central air conditioning, Wall unit
Exterior
Parking Features No
Community Features High Traffic Area, Community Centre, School Bus
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
GET MORE INFORMATION
Quick Search