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
