$1,049,900
Available - For Sale
Listing ID: X9383342
807-809 King St East , Hamilton, L8M 1A8, Ontario
| 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 RETAIL UNIT + 3 RESIDENTIAL UNITS!2 RESIDENTIAL UNITS ARE ONE-BEDROOM APARTMENTS AND THE THIRD UNIT IS A LOFT APARTMENT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND WITH A FULL BASEMENT R. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING CAN BE AT THE REAR OF THE BUILDING. TENANT PAYS THEIR HYDRO. SELLER PAYS GAS, TAXES, AND INSURANCE. POSSIBILITY TO STAY IN ONE UNIT WHILE RUN YOUR OWN BUSINESS. THE RETAIL STORE HAS ITS KITCHENETTE, FROM WHERE YOU CAN WALK OUT TO THE BACKYARD, AND HAS 2, 2 PIECE WASHROOMS, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, IT WON'T LAST LONG. TENANTS ARE WILLING TO STAY, VACANT POSSESSION IS AVAILABLE. THE PROPERTY IS A FEW STEPS FROM THE PROPOSED LRT STOP, BEING ON KING ST IT IS COMMUTER'S PARADISE. VERY CLOSE TO MOSQUE. |
| Extras: LOCATED IN DOWNTOWN 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 4 SAVVY INVESTOR |
| Price | $1,049,900 |
| Taxes: | $3246.19 |
| 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,HAMILT |
| Lot Size: | 29.13 x 100.56 (Feet) |
| Directions/Cross Streets: | KING ST E & FAIRLEIGH AVE N |
| Category: | Multi-Use |
| 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: | 6-15 |
| Sprinklers: | N |
| Washrooms: | 4 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Gibson |
| Lot Size: | 29.13 x 100.56(Feet) |
| Approximate Age: | 6-15 |
| Tax: | $3,246.19 |
| Baths: | 4 |
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