Welcome to 457 King Street East, Cambridge! An exceptional turnkey investment opportunity awaits the savvy investor. Ideally situated in a central location, this property offers excellent access to public transit and sits along the proposed LRT route through Cambridge. This mixed-use building features three residential units (currently vacant) and one tenanted commercial space, offering tremendous upside potential through lease-up and rent optimization. Recently renovated from top to bottom, the property includes a new hot water radiator system with individual thermostats for each unit, as well as new appliances throughout. Located on high-visibility King Street, this property offers outstanding exposure perfect for long-term value and strong future income potential. Opportunities like this don't come often. Book your private showing today and unlock the full potential of 457 King Street East! (id:60365)
MLS® Number | X12232101 |
Property Type | Multi-family |
Features | Carpet Free |
ParkingSpaceTotal | 1 |
BathroomTotal | 3 |
BedroomsAboveGround | 5 |
BedroomsTotal | 5 |
BasementDevelopment | Unfinished |
BasementType | Partial (unfinished) |
ExteriorFinish | Brick, Stucco |
FoundationType | Poured Concrete |
HeatingType | Radiant Heat |
StoriesTotal | 2 |
SizeInterior | 3000 - 3500 Sqft |
Type | Other |
UtilityWater | Municipal Water |
Detached Garage | |
Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 162 Ft ,7 In |
SizeFrontage | 20 Ft |
SizeIrregular | 20 X 162.6 Ft |
SizeTotalText | 20 X 162.6 Ft |
ZoningDescription | C1rm2 |
https://www.realtor.ca/real-estate/28492909/457-king-street-e-cambridge
Adam Patel
Salesperson