King St
Cambridge
$1,499,999
Buy with Dwelly and Save $15,000
Home Details
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Listing Description
SPRING SALE! Fantastic investment opportunity in the heart of Preston. With new investment happening all around and a plan for future LRT nearby, this well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants is a true turn-key opportunity. With mortgage rates continually dropping, this investment currently operates at approx. 6.15% Cap Rate with a market-rate potential closer to 8.59%. With 4 residential units and 2 commercial, this building offers a good mix of income streams with fantastic 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. Equipment is all owned, no rentals. Appliances included. Schedule a viewing today
4 STOVE,4 FRIDGE,2 WASHER 2 DRYER, RESTAURANT CHATTELS,EQUIPMENT AND FIXTURES
City: Cambridge
Property History
Rooms
Room dimensions for King St, Cambridge
Market Trends and Insights
Mortgage Calculator
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1499999 |
| Down Payment | $300000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1199999 |
Monthly Payment
| Mortgage Payment | $7395 |
| Property Taxes | $968 |
| Maintenance Fees | $0 |
| Monthly Payment | $8363 |
About King St, Cambridge
Located at 660 King St E , this Cambridge house is available for sale. This property was listed for $1,499,999 on Tue May 13 2025. This house's size is 5000 + Sqft. It has 6 bedrooms and 7 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 3 parking spots.
MLS#: X12144573 · $1,499,999 · 6 bedroom house in Cambridge