807-809 King ST E Active

Hamilton,ON L8M 1A8

$ 989000

3 Beds

1 Bath

3826 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,826 sqft

Price per Sqft $258

Subdivision Gibson

MLS Listing ID X11917141

Bedrooms 3

Annual Tax Amount $5,770

Tax Year 2024

Property Description

GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 COMMERCIAL UNIT + 3 RESIDENTIAL UNITS! 2 RESIDENTIAL UNITS ARE ONE BEDROOM AND THIRD UNIT IS A LOFT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA TENANTS, THE RETAIL UNIT IS A 1750 SQFT AND A FULL BASEMENT. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING IS AT THE REAR OF THE BUILDING, YEARLY INCOME IS $58681.2, AND TENANT PAYS ALL THEIR UTILITIES, EXCEPT GAS. THE SELLER PAYS PROPERTY TAXES, INSURANCE AND GAS. POSSIBILITY TO STAY IN ONE UNIT AND OTHER UNITS CAN BE RENTED. THE RETAIL STORE HAS A KITCHENETTE AND 2 WASHROOMS, INCLUDING DISABLED WASHROOM DONT MISS THIS OPPORTUNITY WON'T LAST LONG.

Location

Province ON

County Hamilton

Community Gibson

Area Hamilton

Zoning T0C3

Rooms

Kitchen 4

Interior

Cooling Yes

Exterior

Parking Features None

Utilities Available Available

Building

Lot Description Building

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