2342 King Street E Hamilton, Ontario L8K 1X7
$1,700,000
Prime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value. (id:35492)
Property Details
| MLS® Number | X11909029 |
| Property Type | Multi-family |
| Community Name | Glenview |
Building
| Bathroom Total | 8 |
| Appliances | Refrigerator, Stove |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 6,953 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 125 Ft |
| Size Frontage | 47 Ft |
| Size Irregular | 47 X 125 Ft |
| Size Total Text | 47 X 125 Ft |
| Zoning Description | H, E-2 |
https://www.realtor.ca/real-estate/27769931/2342-king-street-e-hamilton-glenview-glenview
Contact Us
Contact us for more information
Roberto Pianosi
Salesperson
2358-A Bloor Street West
Toronto, Ontario M6S 1P3
(416) 767-5500
(416) 760-7878
www.mysakrealty.com/
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January 06 2025 06:39:52
Toronto Regional Real Estate Board
Mysak Realty Inc.