2342 KING STREET E, Hamilton, Ontario, L8K 1X7

$1,700,000

MLS® # X11908988

Investment For Sale In Glenview East, Hamilton, Ontario

$1,700,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Foundation Type: Block, Concrete
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner
  • Appliances: Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 9+1
  • Bathrooms: 8
  • Irregular: Yes
  • Lot Depth: 125.0 Feet
  • Lot Frontage: 47.0 Feet
  • Lot Size: 47 x 125 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 8

Courtesy of: MYSAK REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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