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  • 660 E King Street in Cambridge: 52 - Preston North Multi-6-9 Unit for sale (15 - Preston) : MLS®# 40694602

    660 E King Street 52 - Preston North Cambridge N3H 3N6
    Main Photo: 660 E King Street in Cambridge: 52 - Preston North Multi-6-9 Unit for sale (15 - Preston) : MLS®# 40694602

    660 E King Street Cambridge N3H 3N6 52 - Preston North

    $1,575,000
    Residential Income
    Status:
    Active
    MLS® Num:
    40694602
    Bedrooms:
    7
    Bathrooms:
    7
    Floor Area:
    7,412 sq. ft.
    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 opportunity. With mortgage rates continually dropping, this investment currently operates at approx. 5.86% Cap Rate with a market-rate potential closer to 8%. 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. 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 More details
    Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
    LISTING DETAILS
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Data was last updated March 24, 2025 at 05:50 PM (UTC)
The enclosed information while deemed to be correct, is not guaranteed.