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:4069)
Address
906 KING STREET E
List Price
$888,888
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
Cambridge
Bedrooms
8
Bathrooms
6
Floor Area
3,000 Sq. Ft.
Lot Size
44 x 89 FT Sq. Ft.
MLS® Number
X12001563
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Basement Area
N/A (Unfinished)
Postal Code
N3H3P3
Zoning
C1/RM2
Site Influences
Public Transit, Place of Worship, Schools
Features
Flat site