660 KING Street E

$1,449,999

660 KING Street E

Preston North, Cambridge, ON

Type
Multi-family
Status
Active
Bedrooms
6
Bathrooms
4
Year built
1931
MLS®
40827594

About this property

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:66946)

Features

brick veneerhigh traffic areaschool buscommunity centreopen

Listing courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.