12
See all 12 photos
$1,700,000
Est. payment /mo
9 BD
8 BA
New
2342 King ST E Hamilton, ON L8K 1X7
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UPDATED:
01/07/2025 04:10 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11908988
Style 2-Storey
Bedrooms 9
Annual Tax Amount $16,476
Tax Year 2024
Property 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.
Location
Province ON
County Hamilton
Community Glenview
Area Hamilton
Region Glenview
City Region Glenview
Rooms
Family Room No
Basement Finished with Walk-Out
Kitchen 8
Separate Den/Office 1
Interior
Interior Features None
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 8.0
Pool None
Roof Type Asphalt Shingle
Lot Depth 125.0
Total Parking Spaces 8
Building
Foundation Concrete Block, Concrete
Listed by MYSAK REALTY INC.