2342 King Street E, Hamilton, Ontario L8K 1X7 (27971821)
$1,300,000
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:54662)
Property Details
| MLS® Number | X11996790 |
| Property Type | Multi-family |
| Neigbourhood | Glenview East |
| Community Name | Glenview |
| Parking Space Total | 8 |
Building
| Bathroom Total | 8 |
| Bedrooms Above Ground | 9 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 10 |
| Appliances | Refrigerator, Stove |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Foundation Type | Block, Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 47 Ft |
| Size Irregular | 47 X 125 Ft |
| Size Total Text | 47 X 125 Ft |
Interested in 2342 King Street E, Hamilton, Ontario L8K 1X7?
Roberto Pianosi
Salesperson
2358-A Bloor Street West
Toronto, Ontario M6S 1P3
(416) 767-5500
(416) 760-7878
www.mysakrealty.com/