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. |
Extras: THIS VERSATILE MULTI-USE BUILDING IS A FANTASTIC OPPORTUNITY FOR BUSINESS AND RESIDENTIAL PURPOSES.IT IS A GEM FOR INVESTORS AND ENTREPRENEURS.THE MIX OF COMM AND RES SPACES PROVIDES MULTI INCOME STREAMS FOR SAVVY INVESTORS. |
Price | $989,000 |
Taxes: | $5770.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 807-809 King St East , Hamilton, L8M 1A8, Ontario |
Postal Code: | L8M 1A8 |
Province/State: | Ontario |
Legal Description: | PT LTS 49,50$51, PL396:PT ALLEYWAY, HAMI |
Lot Size: | 29.13 x 100.56 (Feet) |
Directions/Cross Streets: | KING ST E & FAIRLEIGH AVE N |
Category: | Multi-Use |
Use: | Retail Store Related |
Building Percentage: | N |
Total Area: | 3826.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 2076 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 1750 |
Retail Area Code: | Sq Ft |
Approximatly Age: | 16-30 |
Sprinklers: | N |
Washrooms: | 1 |
Rail: | N |
Clear Height Feet: | 7 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HOMELIFE/MIRACLE REALTY LTD |
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Type: | Com - Commercial/Retail |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Gibson |
Lot Size: | 29.13 x 100.56(Feet) |
Approximate Age: | 16-30 |
Tax: | $5,770 |
Baths: | 1 |