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:63008)
| MLS® Number | 40763401 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Public Transit, Schools, Shopping |
| CommunityFeatures | High Traffic Area |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 1 |
| BathroomTotal | 3 |
| BedroomsTotal | 5 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| CoolingType | None |
| ExteriorFinish | Brick, Stucco |
| FoundationType | Poured Concrete |
| StoriesTotal | 2 |
| SizeInterior | 3026 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
| Attached Garage | |
| None |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Hospital, Public Transit, Schools, Shopping |
| SizeDepth | 163 Ft |
| SizeFrontage | 20 Ft |
| SizeIrregular | 0.074 |
| SizeTotal | 0.074 Ac|under 1/2 Acre |
| SizeTotalText | 0.074 Ac|under 1/2 Acre |
| ZoningDescription | C1rm2 |
https://www.realtor.ca/real-estate/28777563/457-king-street-e-cambridge
Adam Patel
Salesperson