2342 King Street No longer available

Hamilton, Glenview, L8K 1X7

$1,700,000

Description

Listed by MYSAK REALTY INC..

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.

8 Fridges, 8 Stoves,

Location

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  • Address: 2342 King Street
  • Neighborhood: Glenview
  • City: Hamilton
  • State: Ontario
  • Postal Code: L8K 1X7

Property Details

  • Property ID: X11996790
  • Property Price: $1,700,000
  • Style: Multiplex, 2-Storey
  • Sq/Ft: 5000 +
  • Rooms: 34
  • Bedrooms: 9+1
  • Bath: 8
  • Parking Spaces: 8
  • A/C: Window Unit
  • Basement: Fin W/O
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Water
  • Fireplace: N
  • Taxes: $16,476.00 (2024)
  • Lot: 125x47 (Feet)

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100