460 King William ST new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8L 1P9
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Landsdale
MLS Listing ID X11943809
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,900
Tax Year 2024
Property Description
Welcome to 460 King William Street, Hamilton - a prime corner property featuring a duplex plus a basement apartment, with three fully self-sufficient units. Each unit boasts separate entrances and no common areas, offering ultimate privacy for tenants. Recently renovated in 2021, this property features a brand-new basement unit and updated main and second floors. Each unit includes its own washer/dryer, central AC, and heat for modern convenience. Unit 1 (basement) has a private entrance between houses and pays its own hydro with a dedicated meter. Units 2 and 3 enjoy all-inclusive rents and separate entrances facing Ashley Street and King William Street, respectively. Parking is a breeze with two reserved spots on Ashley Street for Units 2 and 3, while street parking is available for the basement tenants. Conveniently located near downtown Hamilton and public transit, this property offers exceptional rental income potential. Financials: Total gross rent for the year 2024 is $50,300, with total expenses for the year projected at $9,163.47, making this an outstanding investment opportunity. Don't miss your chance to own this unique, income-generating property!
Location
Province ON
County Hamilton
Community Landsdale
Area Hamilton
Rooms
Family Room No
Basement Finished,Separate Entrance
Kitchen 3
Interior
Interior Features Sump Pump
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 24.5
Lot Depth 64.83
Total Parking Spaces 2
Building
Unit Features Hospital,Park,Public Transit,School
Foundation Concrete Block