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660 King ST Cambridge, ON N3H 3N6
7,412 SqFt
Key Details
Sold Price -
Property Type Commercial
Sub Type Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 7,412 sqft
MLS Listing ID 40827597
Sold Date -
Abv Grd Liv Area 7,412
Year Built 1931
Annual Tax Amount $13,562
Property Sub-Type Building and Land
Source Cornerstone
Property Description
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
Location
Province ON
County Waterloo
Area 15 - Preston
Zoning C1RM2
Direction King St
Rooms
Basement Full
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Parking Features Concrete, Gravel
Utilities Available Electricity Connected, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Street Surface Paved
Lot Frontage 43.67
Garage No
Building
Lot Description Irregular Lot, Airport, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools, Visual Exposure
Faces King St
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick Veneer,Block
New Construction No
Others
Senior Community false
Tax ID 037820246
Ownership Freehold/None
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