2342 King Street E
Hamilton
L8K 1X7
$1,300,000
Residential Freehold
beds: 9+1
baths: 8.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X11996790
- Bedrooms:
- 9+1
- Bathrooms:
- 8
- Photos (10)
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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 Type:
- Residential Freehold
- Property Sub Type:
- Multiplex
- Home Style:
- 2-Storey
- Depth:
- 125'
- Frontage:
- 47'
- Direction Faces:
- North
- Bedrooms:
- 9+1
- Bathrooms:
- 8.0
- Water supply:
- Municipal
- Kitchens:
- 8
- Bedrooms Above Grade:
- 9
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 8
- Rooms Above Grade:
- 34
- Ensuite Laundry:
- No
- Heating type:
- Water
- Heating Fuel:
- Gas
- Foundation:
- Concrete Block, Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Finished with Walk-Out
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Available
- Parking Spaces:
- 8
- Total Parking Spaces:
- 8.0
- Family Room:
- No
- Possession Details:
- Flex
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $16,476 / 2024
- Assessment:
- $- / -
- Hamilton
- Glenview
- Hamilton
- None
- 1 Gas Hot Water Tank, 1 Washer, 1 Dryer
- 8 Fridges, 8 Stoves,
- Tenant Belongings.
- Brick
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Window Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Date Listed:
- Mar 03, 2025
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Listed by MYSAK REALTY INC.
Data was last updated March 3, 2025 at 07:15 PM (UTC)
- ANDREW JOHN COCKS
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 1-705-380-3166
- info@cocksrealty.ca
- LAURA BLAKEY
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 705-349-8060
- laura@cocksrealty.ca
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