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. (id:51648)
| MLS® Number | 40668953 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Public Transit |
| Community Features | High Traffic Area |
| Features | Paved Driveway |
| Parking Space Total | 4 |
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Construction Material | Wood Frame |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Metal, Other, Vinyl Siding, Wood |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,550 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Place Of Worship, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 97 Ft |
| Size Frontage | 21 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2/rm3 |
https://www.realtor.ca/real-estate/27586058/1260-king-street-cambridge
Contact us for more information
Roy Li
Salesperson
(905) 305-1600
(905) 305-1609
www.homelifelandmark.com/
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