2342 King St E

Hamilton, ON L8K 1X7 (Glenview)

Quick Facts

Type: Multiplex

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $16,476 (2024)

Updated: 2025-03-03 10:43:29

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.

Extras

Property

Status: Sale

MLS #: X11996790

Price: $1,300,000

Address: 2342 King St E

Type: Multiplex

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On: N

Taxes: $16,476

Tax Year: 2024

Lot Size: 47 x 125 Feet

Neighbourhood: Glenview

Nearest Intersection: Parkdale Ave. S. & King St. E.

City: Hamilton

Postal Code: L8K 1X7

DOM: 9 Days

Last Update: 2025-03-03 10:43:29

 

Building

Interior

Bedrooms: 10

Bathrooms: 8

Rooms: 34

Kitchens: 8

Family Room: N

Fireplace: N

Basement: Fin W/O,

Central Vacuum: N

 

Exterior

Exterior: Brick,

Driveway: Available

Garage: None

Garage Spaces: 0

Parking Spaces: 8

Pool: None

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Water

Heat Source: Gas

Air Conditioning: Window Unit

Water: Municipal

Sewers: Sewers

 

Features

 

Rooms