1260 King Street

Cambridge

1260 King Street
1260 King Street
1260 King Street
+24
4
 bed
3
 bath
4
 parking
1550
 sqft
Multiplex
* This unit size is calculated from property.ca data
$799,900
Instant Estimate Not Available
For Sale
162 days
 on site
$799,900
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
1550 sqft
Lot size
2040 sqft
Street frontage
-
Possession
-
Price per sqft
$516
Taxes
$3,121.52 (2024)
Parking Type
-
Style
Other
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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.
Broker: HOMELIFE LANDMARK REALTY INC
MLS®#: 40668953
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
1550 sqft
Lot front:
21 Ft
Lot depth:
97 Ft
Listed on:
Oct 24, 2024
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Instant estimate:
Not Available

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About 1260 King Street

1260 King Street is a Cambridge multiplex for sale. It has been listed at $799900 since October 2024. This 1550 sqft multiplex has 4 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

For those residents of 1260 King St E, Cambridge without a car, you can get around rather easily. The closest transit stop is a Bus Stop (King / Montrose) and is only steps away connecting you to Cambridge's public transit service. It also has route Fountain nearby.

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