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1260 KING STREET E, Canada, Cambridge

$799900
Property ID: X9510196

1260 KING STREET E, Cambridge, Canada

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4 Bedrooms
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3 Bathrooms
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4 Car Parking
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Sq Ft
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0 Land Size

Description:

Great investment opportunity in the heart of Cambridge. COMM/RES ZONING (C2/RM3). 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. Fully rented out with reliable, trustworthy tenants. The monthly rent for the whole property is $5,000. After deducting various expenses (water, electricity, gas, property insurance, internet fees), the monthly net income is $4,182.37, and the annual net income is $50,188.44. Park 4 cars via right of way off Montrose, 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. (id:52163)

Properties Details:

  • Price: $799900
  • Property ID: X9510196
  • Rooms: 4
  • Washroom: 3
  • Garage: 4

Properties Amenities

  • Laundry
  • Window Covering

Location & Google Maps

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  • Address: 1260 KING STREET E
  • Country: Canada
  • Province/State: Ontario
  • City/Town: Cambridge
  • Neighborhood: Canada

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