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660 King ST Cambridge, ON N3H 3N6
6 Beds
4 Baths
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40827594
Sold Date -
Bedrooms 6
Year Built 1931
Annual Tax Amount $13,562
Property Sub-Type Multi-6-9 Unit
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 Fountain to King St E
Rooms
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features Separate Heating Controls, Separate Hydro Meters
Heating Baseboard, Electric, Forced Air, Natural Gas
Cooling Central Air, Wall Unit(s)
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Laundry None, In-Suite
Exterior
Exterior Feature Controlled Entry, Lighting
Roof Type Flat
Street Surface Paved
Lot Frontage 43.67
Garage No
Building
Lot Description Irregular Lot, Airport, Ample Parking, City Lot, Near Golf Course, High Traffic Area, Highway Access, Hospital, Park, Place of Worship, Public Parking, Public Transit, Rec./Community Centre, School Bus Route, Schools
Faces Fountain to King St E
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick Veneer
New Construction No
Others
Senior Community false
Tax ID 037820246
Ownership Freehold/None
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