$799,900 $4,294 est/mo Sourced by Back At You
1260 King Street E , Cambridge, ON N3H3P8
Cambridge, ON N3H3P8
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:13843)
Details
| MLS# | X9510196 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Status | Active |
| Days On Site | 176 |
| Listing Provided By | HOMELIFE LANDMARK REALTY INC. | ROY LI |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| Basement | Y |
| Story(s) | 2 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H3P8 |
| Listing VS Median (In N3H3P8) | |
Price: $799,900 low | high Med: $799,900 On site: 176 low | high Med: 173.000000 | |
Listing Updated: April 2, 2025 at 5:39:27 PM PDT