835 King ST E new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8M 1B1
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Gibson
MLS Listing ID X12116380
Style 3-Storey
Bedrooms 17
Annual Tax Amount $18,600
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one go and start cash flowing.
Location
Province ON
County Hamilton
Community Gibson
Area Hamilton
Rooms
Family Room No
Kitchen 7
Interior
Heating Yes
Cooling Other
Exterior
Pool None
Roof Type Unknown
Building
Lot Description Irregular Lot
Foundation Unknown