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
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$1,700,000
Instant Estimate Not Available
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Size
-
Lot size
545.81 sqm
Street frontage
N
Possession
-
Price per sqm
$7,083
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:
240 sqm
Lot front:
14.33 M
Lot depth:
38.1 M
Listed on:
Jan 6, 2025
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Jeff Augustine
Sales Representative
Property.ca Inc., Brokerage
647-933-4428
© Property.ca Inc., Brokerage
MLS#: 40688522
Listed by Mysak Realty Inc.

About 2342 King Street E

Located at 2342 King Street E, this Hamilton multiplex is available for sale. It was listed at $1700000 in January 2025 and is 2580-2580 Squa.

Some good places to grab a bite are PUDOpoint Counter, Bed Rock Bistro or Bella Pizza. If you love coffee, you're not too far from C Valery located at 380 Cochrane Rd. Groceries can be found at Euro Treats which is only a 10 minute walk and you'll find Timarac, Ratka MD only a 4 minute walk as well. 2342 King St E, Hamilton City is a 3-minute walk from great parks like Glenholme Avenue Park and Hixon Road Park.

For those residents of 2342 King St E, Hamilton City without a car, you can get around quite easily. The closest transit stop is a Bus Stop (KING at PARKDALE) and is only steps away connecting you to Hamilton City's public transit service. It also has route Delaware, and route Parkdale nearby.

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