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. |
Price | $1,700,000 |
Taxes: | $16476.00 |
Address: | 2342 King St East , Hamilton, L8K 1X7, Ontario |
Lot Size: | 47.00 x 125.00 (Feet) |
Directions/Cross Streets: | Parkdale Ave. S. & King St. E. |
Rooms: | 34 |
Bedrooms: | 9 |
Bedrooms +: | 1 |
Kitchens: | 8 |
Family Room: | N |
Basement: | Fin W/O |
Property Type: | Multiplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | None |
(Parking/)Drive: | Available |
Drive Parking Spaces: | 8 |
Pool: | None |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Water |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
MYSAK REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Freehold - Multiplex |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Glenview |
Style: | 2-Storey |
Lot Size: | 47.00 x 125.00(Feet) |
Tax: | $16,476 |
Beds: | 9+1 |
Baths: | 8 |
Fireplace: | N |
Pool: | None |