660 E KING Street ECambridge, ON N3H3N6
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$7,186Fantastic 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:31684)
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Price changed to $1,575,000 | |
| 7 months ago | Listing first seen on site |
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