2342 King Street E

Hamilton City

2342 King Street E
2342 King Street E
2342 King Street E
+9
$1,700,000
Instant Estimate Not Available
For Sale
68 days
 on site
$1,700,000
Instant Estimate Not Available
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Size
-
Lot size
5875 sqft
Street frontage
N
Possession
-
Price per sqft
$659
Taxes
$16,476 (2024)
Parking Type
-
Style
-
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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.
Broker: Mysak Realty Inc.
MLS®#: 40688522
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Natural Ga
Style:
-
MLS Size:
2580 sqft
Lot front:
47 Ft
Lot depth:
125 Ft
Listed on:
Jan 6, 2025
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Instant estimate:
Not Available

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About 2342 King Street E

2342 King Street E is a Hamilton multiplex for sale. It has been listed at $1700000 since January 2025. This multiplex listing is 2580-2580 Squa.

2342 King St E, Hamilton City is a 7-minute walk from C Valery for that morning caffeine fix and if you're not in the mood to cook, PUDOpoint Counter, Bed Rock Bistro and Bella Pizza are near this multiplex. Groceries can be found at Euro Treats which is a 10-minute walk and you'll find Timarac, Ratka MD a 4-minute walk as well. For nearby green space, Glenholme Avenue Park and Hixon Road Park could be good to get out of your multiplex and catch some fresh air or to take your dog for a walk.

If you are reliant on transit, don't fear, 2342 King St E, Hamilton City has a public transit Bus Stop (KING at PARKDALE) only steps away. It also has route Delaware, and route Parkdale close by.

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