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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:58671)
MLS® Number | 40668953 |
Property Type | Multi-family |
AmenitiesNearBy | Place Of Worship, Public Transit |
CommunityFeatures | High Traffic Area |
Features | Paved Driveway |
ParkingSpaceTotal | 4 |
BathroomTotal | 3 |
BedroomsTotal | 4 |
BasementDevelopment | Unfinished |
BasementType | Partial (unfinished) |
ConstructionMaterial | Wood Frame |
CoolingType | None |
ExteriorFinish | Aluminum Siding, Metal, Other, Vinyl Siding, Wood |
FoundationType | Stone |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 1550 Sqft |
Type | Triplex |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Place Of Worship, Public Transit |
Sewer | Municipal Sewage System |
SizeDepth | 97 Ft |
SizeFrontage | 21 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | C2/rm3 |
https://www.realtor.ca/real-estate/27586058/1260-king-street-cambridge
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