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1038 - 1048 King Street W Hamilton, Ontario L8S 1L5

12900 sqft
2 Level, Multi-Unit Fireplace Central Air Conditioning Forced Air

$4,950,000

LOCATION, LOCATION, LOCATION. This Impressive and Stunning 12 Unit, Mixed Use Investment Building is situated in the Heart of Hamilton's sought after Westdale Community. FEATURES; 4 Retail/Office units on the main floor separated by a center hallway, 4 Luxurious and fully furnished apartments on second floor, plus a fully finished basement with 4 more retail/ office units. All the units are fully rented providing a Gross Income of 397K annually supporting a Capitalization rate of 6.5%. This is an Absolute Must See. R.S.A (id:47594)

Business

Business Type Other

Property Details

MLS® Number H4191224
Property Type Multi-family
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Appliances Microwave, Refrigerator, Stove
Architectural Style 2 Level, Multi-unit
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1939
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stone
Fire Protection Smoke Detectors
Fireplace Fuel Gas
Fireplace Present Yes
Fireplace Type Other - See Remarks
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Exterior 12900 Sqft
Size Interior 12900 Sqft
Type Apartment
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 60 Ft
Size Irregular 60 X 100
Size Total Text 60 X 100|under 1/2 Acre
Soil Type Clay, Loam
Zoning Description C5a

https://www.realtor.ca/real-estate/26769415/1038-1048-king-street-w-hamilton

Interested?

Contact us for more information


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Frank Salvatore
Broker

(905) 308-6173
(905) 573-1188
franksalvatoreteam.ca/
https://www.linkedin.com/in/frank-salvatore-19306815

RE/MAX Escarpment Realty Inc.
325 Winterberry Dr Unit 4b
Stoney Creek, Ontario L8J 0B6

(905) 573-1188
(905) 573-1189

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