251 King St E, Hamilton, L8G 1L9

Home Overview

Description

**ATTENTION INVESTORS** Over 100k Net Income With Over 6% Cap. Huge 19,000 sq ft Lot With Income & Future Development Potential. Great AAA Tenants. Completely Renovated, 3 Legal Units (By Permit), Two Homes On One Lot With Over 3000 sq ft Of Total Living Space. Main House Is Over 1100 sq ft. Upper Unit 4 Bedrooms, 2 Full Washrooms. Lower Unit 2+1 Bedrooms, 1 Full Washroom. Garden Suite Is Over 1200 sq ft. 2+1 Bedrooms, 2 Full Washroom. Property Has 3 New Kitchens W/Quartz Counters, New Windows, Flooring, 2 Owned Furnaces, A/C, 3 Washers & 3 Dryers, New Electrical & Plumbing & More. A Must See One Of Kind Property. Ability To Add More Unit(s) Or Future Development Site. Great For Investors Or Multi-Generational Families. Plenty Of Parking. 2 Hydro, Gas & Water . Garden suite is rented for $2700 + utilities. Main house Rent will be $7700/month all inclusive, as of June.

3 months

On Market

Detached

Property Type

$7,040 / Year

Est. Taxes

Bungalow

Style

None

Garage

Apartment

Basement