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2342 King Street

Hamilton, L8K 1X7
10 Beds
8 Bath
5000 + sqft

$1,700,000

Est. Payment
$6,493/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by MYSAK REALTY INC.
MultiplexMLS #X11996790Price Change

Price comparison with similar homes in Hamilton

Compared to 1 similar home
70.2% 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.

About This Property

2342 King Street, Hamilton, L8K 1X7

Property Type
Multiplex
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Finished with Walk-Out
Building Size
N/A
Status
In-Active
Property Type
Multiplex
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
2342 King Street, Hamilton, L8K 1X7
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 2342 King Street

Default Agent

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