$849,900
1260 King ST E Cambridge, ON N3H 3P8
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$849,900
Est. payment /mo
4 BD
3 BA
Active
1260 King ST E Cambridge, ON N3H 3P8
UPDATED:
10/27/2024 02:19 AM
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
Listed by HOMELIFE LANDMARK REALTY INC.
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