1024 KING STREET E new

Hamilton (stipley),ON L8M1C8

$ 2399000

13 Beds

12 Baths

5000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $479

Subdivision Stipley

MLS Listing ID X12561422

Bedrooms 13

Source Toronto Regional Real Estate Board

Property Description

Introducing 1024 King Street East, a solid and well-maintained 12-unit multifamily investment property located along one of Hamilton's most active transit corridors. This purpose-built apartment building features an attractive and balanced unit mix, consisting of three 2-bedroom units, seven 1-bedroom units, and two bachelor suites, appealing to a wide range of tenants and ensuring strong year-round demand. Ideally positioned in the evolving Gibson- Stipley Neighborhood, the property offers excellent access to local amenities, retail, restaurants, parks, transit, and major arterial routes leading directly into the downtown core. With consistent rental performance and significant upside potential through gradual modernization, this turnkey asset is perfectly suited for investors looking to grow or stabilize their multifamily portfolio in one of Hamilton's fastest-improving districts. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Heat Pump

Cooling Wall unit

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 3

Sewer Sanitary sewer

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