7,412 ft2
$1,499,999
PRICE DROP!! Now offering over 7% 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:39551)
Property Details
|
MLS® Number
|
40827597 |
|
Property Type
|
Other |
|
Amenities Near By
|
Airport, Hospital, Public Transit, Schools |
|
Communication Type
|
High Speed Internet |
|
Community Features
|
High Traffic Area |
|
Features
|
Visual Exposure, Crushed Stone Driveway |
Building
|
Basement Type
|
Full |
|
Constructed Date
|
1931 |
|
Construction Material
|
Concrete Block, Concrete Walls |
|
Exterior Finish
|
Brick Veneer, Concrete |
|
Fire Protection
|
Alarm System |
|
Foundation Type
|
Poured Concrete |
|
Stories Total
|
2 |
|
Size Exterior
|
7412.0000 |
|
Size Interior
|
7,412 Ft2 |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Road Access, Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Airport, Hospital, Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
44 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
C1rm2 |
Utilities
|
Electricity
|
Available |
|
Natural Gas
|
Available |
|
Telephone
|
Available |
https://www.realtor.ca/real-estate/29713836/660-king-street-e-cambridge