Space
Finished area and layout
- Building Area
- 3,000 sqft
+19 more
3,000 sqft
Building Area
37.0 feet frontage
Lot
Property Snapshot
Key details for this listing
MLS #40844755
Property
Type, style and structure
- Type
- other
- Style
- other / Mixed Use
- Ownership
- Freehold
- Basement
- Partial
- Stories
- 2
About This Property
This other in Hamilton offers 3,000 sqft of building area on a 37.0 feet frontage lot. 2 storeys. The home features a partial basement.
MLS Remarks
Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units generating a combined $4,300/month, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential. (id:60351)
Full Listing Details
Address216-218 KING Street E
MLS#40844755
Listing StatusActive
Property TypeOther
TransactionSale
Days on Market115
Common InterestFreehold
Annual Tax$22,840
Structure TypeResidential Commercial Mix
StyleMixed Use
Living Area3,000 sqft
Stories2
CityHamilton
ProvinceOntario
Postal CodeL8N1B5
Subdivision140 - Beasley
Frontage37.0 feet
Zoning DetailsD2
BasementPartial
SecurityUnknown
CommunityHigh Traffic Area
UtilitiesNatural Gas, Electricity
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$22,840
Between Walnut Street S & Ferguson Avenue S on King Street E.
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