1408 King Street E, Hamilton, Ontario, Canada, L8M1H8
799,000
for Sale
4 + 1
3
2000-2500
About the property:
Impressive mixed-use investment opportunity situated on a generous 75.25 ft x 137.42 ft lot in a high-exposure King Street East location. This income-producing property offers a rare combination of commercial and residential revenue streams, making it an excellent addition to any investment portfolio. The property features a commercial unit on the main level generating $2,500/month, a spacious upper residential apartment currently rented for $2,000/month, and a basement unit with potential to generate $2,000/month. With multiple tenancies in place, investors can benefit from immediate cash flow and long-term appreciation potential.Strategically located in Hamilton's growing east-end corridor, this property enjoys excellent visibility, steady pedestrian and vehicular traffic, and convenient access to transit, major roadways, shopping, and neighbourhood amenities. The expansive lot offers added value and future potential, subject to municipal approvals. Whether you're an investor seeking stable income or an owner-operator looking for a property with built-in rental support, this versatile mixed-use asset presents an outstanding opportunity in a thriving market.
Extra info:
all elf's. 3 fridges. hot water tank owned.
Duplex
duplex
- Property Type:
- Duplex
- Status:
- for Sale
- House Style:
- duplex
- Bedrooms:
- 4 + 1
- Bathrooms:
- 3
- Land Size:
- 75.25 x 137.42 FT
- Central A/C:
- Yes
- Garage/Parking Type:
- Private
- Garage Spaces:
- 2
- Parking Places:
- 6
- Heating Type:
- Forced Air
- Heating Fuel:
- Gas
- Cross Street:
- Main St E & Ottawa St S
- Exterior:
- Brick
- Basement:
- Apartment, Apartment
- Fronting On:
- S
- Possession Date:
- TBD
- Annual Property Taxes:
- 7,000
- Listing ID:
- X13506188
Rooms
Dimensions
Brokered by:
Property Xchange Realty Point
Source: TRREB/PROPTX
Presented By: