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$989,000
Available - For Sale
Listing ID: X11917141
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: $5,770
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
Zoning: T0C3
Category: Multi-Use
Use: Retail Store Related
Building Percentage: N
Total Area: 3,826
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
Rail: N
Clear Height Feet: 7
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD

807-809 King St East , Hamilton, L8M 1A8, Ontario


 
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Type: Com - Commercial/Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style:
Lot Size: 29.13 x 100.56(Feet)
Approximate Age: 16-30
Tax: $5,770
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
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