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:4069)
Address
840-846 KING STREET E
List Price
$16,950,003
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Cambridge
Floor Area
5,817 Sq. Ft.
Lot Size
Unit=66.98 x 156.45 FT Sq. Ft.
MLS® Number
X12098860
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Postal Code
N3H3P2
Zoning
C1RM2
Site Influences
Highway, Public Transit
