List Price: $1,300,000
2342 King Street, Hamilton, L8K 1X7
- By MYSAK REALTY INC.
Multiplex|MLS - #X11996790|New
10 Bed
8 Bath
None Garage
Price comparison with similar homes in Hamilton
Compared to 1 similar home
30.1% Higher↑
Market Avg. of (1 similar homes)
$999,000
Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison
Client Remarks
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 Description
2342 King Street, Hamilton, L8K 1X7
Property type
Multiplex
Lot size
N/A acres
Style
2-Storey
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Finished with Walk-Out
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--
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2342 King Street, Hamilton, L8K 1X7Nearby Places
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
Mortgage Information
Estimated Payment
$0 Principal and Interest
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