$ 1.575.000

660 E King Street East Street E, Cambridge

  • Bedrooms: 6
  • Bathrooms: 7
  • Living area: 7412 square feet
  • Type: Commercial
  • Added: 228 days ago
  • Updated: 81 days ago
  • Last Checked: 81 days ago
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:1945)
Show More Details and Features

Property DetailsKey information about 660 E King Street East Street E

  • Cooling: Central air conditioning, Wall unit
  • Heating: Baseboard heaters, Forced air, Electric, Natural gas
  • Stories: 2
  • Year Built: 1931
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, Full
  • Living Area: 7412
  • Bedrooms Total: 6
  • Above Grade Finished Area: 7412
  • Above Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 660 E King Street East Street E

  • Water Source: Municipal water
  • Parking Total: 3

Location & CommunityUnderstand the neighborhood and community

  • Directions: Fountain to King Street E
  • Common Interest: Freehold
  • Street Dir Suffix: East
  • Subdivision Name: 52 - Preston North
  • Community Features: High Traffic Area, School Bus, Community Centre

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 660 E King Street East Street E

  • Tax Annual Amount: 11321.24
  • Zoning Description: C1RM2

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 6
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LUKE SHANTZ
  • LUKE SHANTZ
  • RE/MAX SOLID GOLD REALTY (II) LTD.
  • 519-669-5426
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