906 King Street E Pending

Cambridge,ON N3H 3P3

$ 799000

8 Beds

6 Baths

3250 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Pending

Purchase Type For Sale

Square Footage 3,250 sqft

Price per Sqft $245

MLS Listing ID 40688344

Bedrooms 8

Annual Tax Amount $6,756

Property Sub-Type Multi-5 Unit

Property Description

Good value in this Preston 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 today's 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 if 100% financed.

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning C1RM2

Rooms

Kitchen 0

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Laundry None

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Roof Type Asphalt Shing

Building

Lot Description Rectangular,City Lot,High Traffic Area,Park,Place of Worship,Public Parking,Public Transit

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Masonite/Colourlock

New Construction No

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