23-29 KING ST E, Cramahe, Ontario Hamilton ON CA

CAD 2,700,000
For Sale MLS: X6782688

Property Details

Bedrooms

1

Bathrooms

1

Neighborhood

Beasley

Property Type

MultiFamily

Description

9.2% cap rate aprox. based on full occupancy. 17 apartments + 3 Commercial building with 1 x Bach, 10 x 1Bed, 6 x 2Bed, and 3 Commercial. All vacant units except commercial. All units renovated and ready to rent. Gross income of approx. $340,800. Commercial tenancies, two are due for rent increases by end of 2023. Clean enviro 2023, Fire retrofit 2023. Water billing is being done by Aquatech Water Services since 2020. Disclaimer: As the building is vacant, numbers are estimated based on similar buildings in the region. (id:1937) Find out more about this property. Request details here

Location

Address

Hamilton, Ontario, Canada

Features and Finishes

renovated, ready to rent, commercial spaces, vacant units

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