2342 King Street E, Hamilton, Ontario L8K 1X7

Listed for:
$1,300,000
10 beds
8 baths
Listed 10 days ago
Other for rent: 2342 King Street E, Hamilton, Ontario L8K 1X7

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Learn more about this property
Listing provided by:
MYSAK REALTY INC.
MLS® number:
X11996790
Agent:
Roberto Pianosi
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About

Parkdale Ave. S. & King St. E. 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:27476)

Property Highlights

MLS® Number
X11996790
Type
Multi-family
Community Name
Glenview
Land Size
47 x 125 FT
Parking Space Total
8

Building

Building Type
Other
Storeys
2.00
Bathrooms Total
8
Bedrooms Above Ground
9
Bedrooms Total
10
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Walk out
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Window air conditioner

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Street Spotlight - For sale