413-415 King Street W, Hamilton, Ontario, L8P 1B5 Hamilton ON CA

CAD 1,599,999
For Sale MLS: H4169592

Property Details

Bedrooms

3

Bathrooms

10

Neighborhood

Strathcona

Basement

Part Separate Entrance Partially Finished

Property Type

MultiFamily

Description

Attention Investors! This is your chance to own a rare and promising property! Embrace the potential of this 18-unit investment, featuring 14 shared accommodations and 4 bachelor units, perfectly positioned just steps away from the rapidly expanding downtown core. You have the unique opportunity to optimize your returns by reducing expenses, increasing income, and even considering the addition of more rooms or units. Act quickly as this outstanding opportunity won't be available for long! The property currently generates a substantial annual Gross Income of over $136,000 CAD, with the possibility to increase as units turn over. Few investments offer such attractive returns, and the possibilities here are truly boundless. Furthermore, the seller may be open to accommodating Vendor Take-Back (VTB) mortgage or private financing, making it easier for you to seize this profitable venture. Don't hesitate; secure your future now with this remarkable investment! Find out more about this property. Request details here

Location

Address

King Street West, Hamilton, Ontario L8P 1K9, Canada

City

Hamilton

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