231 King St E

Hamilton, L8N1B6
UNAVAILABLE
231 King St E, Hamilton
Apartment
CATEGORY
10,800 Sq Ft
TOTAL AREA
X5623036
MLSID
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Property Description
Huge Cashflow Investment Property! Renovated To The Brick W/Permits, This Building Is Turn-Key. Has 10 Apts On A Head Lease, Ensuring Strong Cashflow With Minimal Management. Three Retail Storefronts And Fully-Leasable Basement Complete The Package. All Separately Metered. Offered At An Actual 4.7% Cap Rate With Room To Improve. On The Future Lrt Route, Surrounded By Major Condo Developments. A Remarkable Investment W/Low Maintenance And Tremendous Cashflow.
Extras
Full List Of Inclusions/Exclusions Available
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
D2 - Downtown Mixed Use-Pedestrian Focus
Total Area
10,800 Sq Ft
Lot Size
49' x 100'
Taxes
$35,068 (2021)
Parking Spaces
5
Air Conditioning
Yes
Listing contracted with Sotheby`S International Realty Canada, Brokerage
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