Type: Brick
Style: 2-Storey
Size: Sq Ft
Age: Years
Taxes: $ 16,476 ( 2024)
Updated: 2025-04-09 16:33:02
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.
Status:
MLS #: X11996790
Price: $ 1,700,000
Address: 2342 King Street
Type:
Style: 2-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 16,476
Tax Year: 2024
Lot Size:
Neighbourhood: Glenview
Nearest Intersection: Parkdale Ave. S. & King St. E.
City: Hamilton
Postal Code: L8K 1X7
DOM: 56 Days
Last Update: 2025-04-09 16:33:02
Bedrooms: 10
Bathrooms: 8
Rooms: 0
Kitchens:
Family Room:
Fireplace:
Basement: Finished with Walk-Out,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: Available
Garage Spaces:
Parking Spaces: 8
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type:
Heat Source:
Air Conditioning:
Water:
Sewers: