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2342 King Street E Hamilton, Ontario L8K 1X7
8 Bathroom
6953.48 sqft
Partially Air Conditioned
Hot Water Radiator Heat
$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:58671)
Property Details
| MLS® Number | X11909029 |
| Property Type | Multi-family |
| Community Name | Glenview |
Building
| BathroomTotal | 8 |
| Appliances | Refrigerator, Stove |
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 6953.48 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 125 Ft |
| SizeFrontage | 47 Ft |
| SizeIrregular | 47 X 125 Ft |
| SizeTotalText | 47 X 125 Ft |
| ZoningDescription | H, E-2 |
https://www.realtor.ca/real-estate/27769931/2342-king-street-e-hamilton-glenview-glenview
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January 06 2025 06:39:52
Toronto Real Estate Board
Mysak Realty Inc.