Located in the vibrant heart of Preston, 634 King Street East presents an exceptional investment opportunity. This property generates an impressive $105,000 in net operating income, thanks to its four newly gutted and fully renovated units, all of which are utility independent. Each tenant is responsible for covering half of their own utilities, with the commercial unit contributing to the property’s expenses. The building, encompassing 6,380 square feet, has been thoroughly updated within the last three years. Upon closing, there will be a vacant ground-floor retail space of 3,596 square feet, perfect for owner-users or investors looking to achieve higher rental income. The property offers 8 dedicated parking spaces convenient street parking for the retail space, and an additional eight dedicated spots around the laneway provide parking for the four residential units above. The main floor commercial unit will soon be vacated, presenting a unique opportunity for investors and owner/users alike. You can secure a new tenant at higher rent, increasing the property’s income potential, or utilize the space for your own business operations, offering flexibility for owner-users. Additionally, the property includes four convenient parking spots located across the laneway at 122 providing ample space for tenants and customers. Located in a prime, high-traffic area of Cambridge, this property combines immediate returns with the potential for future growth. Please contact for more details.