835 King Street E, Hamilton, Ontario L8M 1B1

Listed for:
$2,499,000
0 beds
0 baths
Listed 6 days ago
Residential Commercial Mix for rent: 835 King Street E, Hamilton, Ontario L8M 1B1

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Learn more about this property
Listing provided by:
IPRO REALTY LTD.
MLS® number:
X12007593
Agent:
Roman Rana
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About

Holton Ave. N./King St. E. Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one GO and start cash flowing. Current NOI of approximately $130k. For financial details and other info please contact LA. (id:27476)

Property Highlights

MLS® Number
X12007593
Type
Retail
Community Name
Gibson
Land Size
72 x 80 FT ; Irregular
Parking Space Total
5

Building

Building Type
Residential Commercial Mix
Square Footage
11696 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale