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$ 1,700,000
Est. payment /mo
New
2342 King ST E Hamilton, ON L8K 1X7
8 Baths
6,953 SqFt
UPDATED:
01/07/2025 04:10 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,953 sqft
Price per Sqft $244
MLS Listing ID X11909029
Annual Tax Amount $16,476
Tax Year 2024
Lot Depth 125.0
Property Description
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.
Location
Province ON
County Hamilton
Community Glenview
Area Hamilton
Region Glenview
City Region Glenview
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Depth 125.0
Listed by MYSAK REALTY INC.