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840-846 KING Street E, Cambridge, Ontario

$1,695,000

6 Beds
5,817 Square Feet

Located in downtown Preston and built in the 1800's stands 840-846 King St E 6 PLEX. Solidly Built mainly with Stone and brick, It's comprised of 2 commercial and 4 apartments on a huge land plot measuring almost 67 ft x 156 ft leaving plenty of room for a possible future expansion out back- (Buyer to conduct their own due diligence). All residential apartments have been updated top to bottom in the last 10 years, all having their own hydro, new kitchens, baths, plumbing, electrical, etc..... 2 gas furnaces heat the entire building ( 4 yrs), 1 water meter. All building and renovation permits have all been completed. New roof in 2014, all main cast iron pluming lines removed, 7 hydro meters including 1 house meter for basement and common halls, all Bavarian windows replaced in 2014, parking for 8 cars. Adjacent vacant land next door also for sale and combined could make this property a larger commercial-multi family investment with current zoning of C1RM2. This property is listed as one of Cambridge Heritage Properties Register (id:23309)

Listing ID: 40627376
Property Type: Multi-family

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Details

Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features: High Traffic Area, Community Centre
Features: Crushed stone driveway
Ownership: Freehold
Parking Spaces: 8
Transaction: For sale
Zoning Description: C1RM2

Building

BasementType: Partial (Unfinished)
Basement Development: Unfinished
Cooling: None
Exterior Finish: Brick, Stone, Vinyl siding
Fireplace Present: False
Foundation: Stone
Heating: Forced air
Size Interior: 5817 sqft
Stories Total: 3
Utility Water: Municipal water

Land

Access Type: Highway access
Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Fence: Fence
Sewer: Municipal sewage system
Size Frontage: 67 ft

Listing provided by RE/MAX TWIN CITY REALTY INC., BROKERAGE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 840-846 KING Street E in Cambridge Ontario. It was last modified on September 4th, 2024. Contact the Team Vadala to schedule a viewing or to discover other Cambridge real estate for sale.

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