480 King William St, Hamilton

480 King William St, Landsdale, Hamilton L8L1R3

2 1/2 Storey, Fourplex Property
14 + 4 Rooms Total, 3 + 1 Kitchens
6 Parking Spaces

28.58 x 108.50

Public Transit, School
Apartment, Fin W/O Basement
Brick, Vinyl Siding Exterior

Turn-Key, Cash Flow Positive Multiplex In Lansdale! Attention Savvy Investors: 480 King William St Is The Perfect Blend Of Strong Income Potential And A Prime Location. This Legal Triplex With A Non-Conforming Fourth Unit Operates As Four Self-Contained Rental Units And Boasts Impressive Features To Attract Tenants And Maximize Returns. The Unit Mix Includes A Vacant 1-Bedroom In The Basement, A Tenanted 1-Bedroom On The Main Floor (With One Parking Space Included), A Vacant 2-Bedroom On The Second Floor, And A Tenanted 1-Bedroom In The Attic. The Property Has The Potential To Generate Over 75,000 In Annual Gross Rental Income, With All Units Featuring Separate Metering, Ensuring Tenants Pay Their Own Hydro, Boosting The Bottom Line For An Incoming Buyer. Recent Upgrades To The Stairs At The Rear Of The Property, As Well As The Fencing In The Back And Roof (Reshingled 2022). Stainless Steel Appliances Are Featured In All But The Basement Unit, Ensuring Modern Appeal For Tenants And Reducing Turnover. With Six Parking Spaces, An In-Suite Laundry, And A Centralized Location, The Property Offers Unmatched Convenience For Tenants. Located In The Vibrant Lansdale Neighbourhood, The Property Is Close To Schools And Steps From Transit And The Future Lrt. Whether You're Expanding Your Portfolio Or Looking For A New Low-Maintenance Investment With Long-Term Upside Potential, 480 King William Is What You've Been Waiting For.

Pt Lt 18, Pl 43 , As In Vm2325, Lying N Of King St. Btn Wentworth & Ashley Streets ; Pt Of Kingwilliam St , Pl 43; Hamilton 98/05/19 Mn

3-piece on bsmt level
3-piece on main level
3-piece on 2nd level
3-piece on 3rd level

Main Level, 2.01m x 3.05m
3 Pc Bath

Main Level, 2.98m x 4.85m

Main Level, 3.04m x 5.42m

Main Level, 3.04m x 4.35m

2nd Level, 2.16m x 1.99m
3 Pc Bath

2nd Level, 3.07m x 3.16m

2nd Level, 3.05m x 2.99m

2nd Level, 2.88m x 4.11m

3rd Level, 1.40m x 2.50m
3 Pc Bath

3rd Level, 3.48m x 4.10m

Bsmt Level, 2.53m x 1.50m
3 Pc Bath

Bsmt Level, 2.78m x 4.65m