417 King Street W Hamilton, Ontario L8P 1B5
$899,000
INVEST IN THE WEST Hamilton, Well-maintained brick income property featuring three sizable units, including two 2-bedroom apartments and one 1-bedroom . Perfectly zoned for a residential triplex. Prime location for either rental income or a personal residence, with excellent proximity to downtown, shopping centers, local parks. Situated on a key bus line and just a minute from freeway entrances. The property is move-in ready with separate meters, three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Some upgrades have been completed since 2020. There's also roughed in plumbing in the basement for potential expansion. Units 1 and 3 are rented to reliable tenants keen on extending their leases. An excellent opportunity for a solid long-term investment. (id:50449)
Property Details
MLS® Number | 40684459 |
Property Type | Multi-family |
Neigbourhood | Strathcona |
Amenities Near By | Hospital, Public Transit |
Building
Bathroom Total | 3 |
Bedrooms Total | 5 |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Exterior Finish | Brick |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 3 |
Size Interior | 2733 Sqft |
Type | Triplex |
Utility Water | Municipal Water |
Parking
None |
Land
Access Type | Highway Access |
Acreage | Yes |
Land Amenities | Hospital, Public Transit |
Sewer | Municipal Sewage System |
Size Depth | 90 Ft |
Size Frontage | 24 Ft |
Size Total Text | 101+ Acres |
Zoning Description | Toc1 |
https://www.realtor.ca/real-estate/27731004/417-king-street-w-hamilton