413-415 King Street W Hamilton, Ontario L8P 1B5
$1,599,999
Attention Investors! This is your chance to own a rare and promising property! Embrace the potential of this 18-unit investment, featuring 14 shared accommodations and 4 bachelor units, perfectly positioned just steps away from the rapidly expanding downtown core. You have the unique opportunity to optimize your returns by reducing expenses, increasing income, and even considering the addition of more rooms or units. Act quickly as this outstanding opportunity won't be available for long! The property currently generates a substantial annual Gross Income of over $136,000 CAD, with the possibility to increase as units turn over. Few investments offer such attractive returns, and the possibilities here are truly boundless. Furthermore, the seller may be open to accommodating Vendor Take-Back (VTB) mortgage or private financing, making it easier for you to seize this profitable venture. Don't hesitate; secure your future now with this remarkable investment! (id:50964)
Business
| Business Type | Accommodation, Other |
Property Details
| MLS® Number | H4169606 |
| Property Type | Other |
Building
| Appliances | Dryer, Microwave, Refrigerator, Stove, Washer |
| Cooling Type | None |
| Heating Type | Forced Air |
| Size Exterior | 5300 Sqft |
| Size Interior | 5300 Sqft |
| Utility Water | Municipal Water |
Parking
| No Garage | |
| Street |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 133 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 133.5 |
| Size Total Text | 50 X 133.5|under 1/2 Acre |
| Zoning Description | Toc1, 295 |
https://www.realtor.ca/real-estate/25901252/413-415-king-street-w-hamilton
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 02 2023 05:07:27
REALTORS® Association of Hamilton-Burlington
Right At Home Realty