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

Kitchen 3

Interior

Cooling None

Exterior

Garage Right Of Way

Garage Spaces 4.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Building

Foundation Stone

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