2342 King St E

Hamilton, L8K1X7
For Sale
$1,700,000
2342 King St E, Hamilton
2342 King St E
2342 King St E
2342 King St E
2342 King St E
2342 King St E
2342 King St E
2342 King St E
2342 King St E
2342 King St E
2342 King St E
2342 King St E
2342 King St E
Apartment
CATEGORY
6,953 Sq Ft
TOTAL AREA
X11909029
MLSID
Contact Us
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.
Property Details
Category
Apartment
Zoning
H, E-2
Total Area
6,953 Sq Ft
Lot Size
47' x 125'
Taxes
$16,476 (2024)
Washrooms
8
Listing contracted with Mysak Realty Inc.
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