660 E King Street East Street E, Cambridge
660 E King Street East Street E, Cambridge
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37 Photos
- Bedrooms: 6
- Bathrooms: 7
- Living area: 7412 sqft
- MLS®: 40556695
- Type: Commercial
- Added: 29 days ago
Property Details
Fantastic investment opportunity in the heart of Preston. A well-maintained mixed-use building with quality, long term residential and commercial tenants make this a true turn-key future. Current cap rate approx 5.6% with a market rate closer to 8% after future tenant turnover. With 4 residential units and 2 commercial, this building offers a good mix of income streams with great upside potential. 2 - two bedroom units and 2 - one bedroom units on the upper levels. Main floor commercial with great street exposure and long-term leases. Potential for additional storage income. Parking for 3 vehicles out back. Schedule a viewing today! (id:1945)
Property Information
- Sewer: Municipal sewage system
- Stories: 2
- Basement: Full
- Utilities: Natural Gas, Electricity, Telephone
- Directions: King St
- Living Area: 7412
- Lot Features: Visual exposure, Paved driveway
- Photos Count: 37
- Water Source: Municipal water
- Common Interest: Freehold
- Street Dir Suffix: East
- Subdivision Name: 52 - Preston North
- Tax Annual Amount: 11321.24
- Exterior Features: Concrete, Brick
- Security Features: Alarm system
- Building Area Total: 7412
- Community Features: High Traffic Area
- Foundation Details: Poured Concrete
- Zoning Description: C1RM2
- Construction Materials: Concrete block, Concrete Walls
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