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 rented out for $2300/month. The monthly income for the whole property is $5000/month. (id:4069)
| Address |
1260 KING Street |
| List Price |
$849,900 |
| Property Type |
Multi-family |
| Type of Dwelling |
Triplex |
| Area |
Ontario |
| Sub-Area |
Cambridge |
| Bedrooms |
4 |
| Bathrooms |
3 |
| Floor Area |
1,550 Sq. Ft. |
| MLS® Number |
40668953 |
| Listing Brokerage |
HOMELIFE LANDMARK REALTY INC
|
| Basement Area |
Partial (Unfinished) |
| Postal Code |
N3H3P8 |
| Zoning |
C2/RM3 |
| Site Influences |
Place of Worship, Public Transit |
| Features |
Paved driveway |
