1038 - 1048 King Street W Hamilton, Ontario L8S 1L5
$4,950,000
LOCATION, LOCATION, LOCATION. This Impressive and Stunning 12 Unit, Mixed Use Investment Building is situated in the Heart of Hamilton's sought after Westdale Community. FEATURES; 4 Retail/Office units on the main floor separated by a center hallway, 4 Luxurious and fully furnished apartments on second floor, plus a fully finished basement with 4 more retail/ office units. All the units are fully rented providing a Gross Income of 397K annually supporting a Capitalization rate of 6.5%. This is an Absolute Must See. R.S.A (id:52486)
Business
| Business Type | Other |
Property Details
| MLS® Number | H4191224 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Features | Paved Driveway |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Appliances | Microwave, Refrigerator, Stove |
| Architectural Style | 2 Level, Multi-unit |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1939 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stone |
| Fire Protection | Smoke Detectors |
| Fireplace Fuel | Gas |
| Fireplace Present | Yes |
| Fireplace Type | Other - See Remarks |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Exterior | 12900 Sqft |
| Size Interior | 12900 Sqft |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 100 |
| Size Total Text | 60 X 100|under 1/2 Acre |
| Soil Type | Clay, Loam |
| Zoning Description | C5a |
https://www.realtor.ca/real-estate/26769415/1038-1048-king-street-w-hamilton
Interested?
Contact us for more information
Frank Salvatore
Broker
(905) 573-1188
franksalvatoreteam.ca/
https://www.linkedin.com/in/frank-salvatore-19306815
325 Winterberry Dr Unit 4b
Stoney Creek, Ontario L8J 0B6
(905) 573-1188
(905) 573-1189
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April 23 2024 06:09:46
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.