Good value in this Cambridge Core 5 plex with very high cash flow opportunities. New paint and flooring in 4 vacant units ready to be rented. Building allows for residential or commercial use. Parking for 3 cars, garage/shop. Central downtown Preston location, on transit route and walking to all services. Great value and opportunity to set rents at market levels. 3x2 bedroom units and 2x1 bedroom units, 6 bathrooms. Separate heating, gas and hydro meters for each unit. New roof, soffit, trough and facia in Dec 2024. Versatile and central with great value and opportunity for positive cash flow even at 100% financing. (id:61015)
MLS® Number | X12001563 |
Property Type | Multi-family |
Neigbourhood | Preston |
Amenities Near By | Public Transit, Place Of Worship, Schools |
Community Features | School Bus, Community Centre |
Equipment Type | Water Heater |
Features | Flat Site |
Parking Space Total | 5 |
Rental Equipment Type | Water Heater |
Bathroom Total | 6 |
Bedrooms Above Ground | 8 |
Bedrooms Total | 8 |
Age | 100+ Years |
Appliances | Water Meter, Water Heater, Stove, Refrigerator |
Basement Development | Unfinished |
Basement Type | N/a (unfinished) |
Exterior Finish | Stucco |
Foundation Type | Poured Concrete, Stone |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 3,000 - 3,500 Ft2 |
Type | Other |
Utility Water | Municipal Water |
Detached Garage | |
Garage |
Acreage | No |
Land Amenities | Public Transit, Place Of Worship, Schools |
Sewer | Sanitary Sewer |
Size Depth | 89 Ft |
Size Frontage | 44 Ft |
Size Irregular | 44 X 89 Ft |
Size Total Text | 44 X 89 Ft |
Zoning Description | C1/rm2 |
https://www.realtor.ca/real-estate/27983067/906-king-street-e-cambridge
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman