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$ 2,299,000
Est. payment /mo
New
835 King ST E Hamilton, ON L8M 1B1
17 Beds
10 Baths
UPDATED:
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
Lot Depth 80.0
Lot Front 72.0
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
Basement Unfinished
Kitchen 7
Interior
Interior Features Other
Heating Yes
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Unknown
Lot Frontage 72.0
Lot Depth 80.0
Total Parking Spaces 5
Building
Lot Description Irregular Lot
Foundation Unknown
Listed by IPRO REALTY LTD.
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