1038 - 1048 King Street W, Hamilton, Ontario, L8S 1L5

$4,950,000

MLS® # H4191224

Investment For Sale In Westdale South, Hamilton, Ontario

$4,950,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Apartment
  • Architectural Style: 2 Level, Multi-Unit
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick, Stone
  • Fire Protection: Smoke Detectors
  • Fireplace Fuel: Gas
  • Fireplace Type: Other - See remarks
  • Floor Space: 12900 Square Feet
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Microwave, Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Built in: 1939
  • Features: Paved driveway
  • Floor Space (approx): 12900.00 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 60.0 Feet
  • Lot Size: 60 x 100
  • Soil Type: Clay, Loam
  • Zoning: C5a
  • Sewer: Municipal sewage system
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Escarpment Realty Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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