$5,174,999
231-237 King St E, Hamilton, ON L8N 1B6
0 Beds
0 Baths
10,800 SqFt

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Huge Cashflow Investment Property! Renovated To The Brick W/Permits, This Building Is Turn-Key. Has 10 Apts On A Head Lease, Ensuring Strong Cashflow With Minimal Management. Three Retail Storefronts And Fully-Leasable Basement Complete The Package. All Separately Metered. Offered At An Actual 5.62% Cap Rate With Room To Improve (Fully Tenanted!). On The Future Lrt Route, Surrounded By Major Condo Developments. A Remarkable Investment W/Low Maintenance And Tremendous Cashflow.**** EXTRAS **** Full List Of Inclusions/Exclusions Available (id:5764)
  • Price:
  • $5,174,999
  • Square Footage:
  • 10,800
  • Listing ID #:
  • X5679772
  • Street Address:
  • 231-237 King St E
  • City:
  • Hamilton
  • Province:
  • Ontario
  • Postal Code:
  • L8N 1B6
  • Subdivision:
  • Beasley
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
  • Total Building Square Footage:
  • 10800
  • Originating Mls:
  • Toronto Regional Real Estate Board
  • Parking Spaces:
  • 5
  • Cooling System:
  • Fully Air Conditioned
  • Has Central Air Conditioning:
  • Yes
  • Listing Provided By SOTHEBY'S INTERNATIONAL REALTY CANADA