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2342 King St

2342 King St, Hamilton

FOR SALE 13.0406 ฿ ( ? ) OR $1,700,000 CAD
+8
Listing contracted with Mysak Realty Inc.
9+1
BEDROOMS
8
BATHROOMS
X11908988
MLS® ID
ADDRESS
2342 King St, Glenview, Hamilton L8K1X7
Call: 416-800-1055
PROPERTY TYPE
2-Storey, Multiplex Property
34 Rooms Total, 8 Kitchens
8 Parking Spaces
LOT SIZE
47.00 x 125.00
PROPERTY FEATURES
Fin W/O Basement
Brick Exterior
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SALES HISTORY
01/08/2025
FOR SALE
$1,700,000
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SOLD COMPARABLES
4+1 Beds
3 Baths
Sold Price
$760,000
List Price
$779,000
Sold Date
02/28/2024
DOM
XX Days
2+1 Beds
2 Baths
Sold Price
$655,000
List Price
$659,900
Sold Date
02/14/2024
DOM
XX Days
2+1 Beds
1 Baths
Sold Price
$525,000
List Price
$549,000
Sold Date
02/13/2024
DOM
XX Days
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PROPERTY TAXES
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PROPERTY DESCRIPTION
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.
LEGAL DESCRIPTION
Pt Lt 32, Con 3 Saltfleet, As In Cd403493 Together With An Easement Over Pt Lt 32, Con 3 Saltfleet, As In Vm84743, Part 2 On 62R19518 As In We914426 Subject To An Easement Over Part 1 On 62R19518 In Favour Of Pt Lt 32, Con 3 Saltfleet, As In Vm84743 As In We914426 City Of Hamilton
Call: 416-800-1055
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