1260 King ST E Active

Cambridge,ON N3H 3P8

$ 849900

4 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9510196

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,121

Tax Year 2024

Property Description

Great investment opportunity in the heart of Preston. COMM/RES ZONING (C2/RM3). Park 4 cars via right of way off Montrose, 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new washer/dryer installed in 2 units, new 200 AMP electrical services. The unit at the front is rented out for $900/month, the unit at the rear is rented out for $1800/month. The two-bedroom unit on the second floor is vacant, and can be rented out for $2300/month. The monthly income when fully rented out is about $5000/month.

Location

Province ON

County Waterloo

Rooms

Family Room No

Basement Unfinished

Kitchen 3

Interior

Interior Features Water Heater

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Right Of Way

Garage Spaces 4.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Parking Type None

Total Parking Spaces 4

Building

Foundation Stone

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