1,945 ft2
None
Radiant Heat
$1,099,900
320 King Street East presents a rare opportunity to acquire a fully stabilized, 5-unit mixed-use asset in the heart of Hamilton's historic International Village. Generating a highly efficient actual Net Operating Income of $62,459.46 with zero vacancy, the 2,901-square-foot property features a main-floor retail space, three standard apartments, and a premium 650-square-foot renovated coach house ideal for owner-occupiers or yield-focused investors. While currently performing as a turn-key cash generator, the asset offers tangible value-add potential through a significant loss-to-lease opportunity on one drastically under-market residential unit. Furthermore, with a "Walker's Paradise" Walk Score of 98and Transit Oriented Corridor (TOC1) zoning, this property is strategically positioned for massive long-term capital appreciation directly along the route of Hamilton's upcoming $3.4 billion Light Rail Transit (LRT) project. (id:50976)
Property Details
|
MLS® Number
|
X13107146 |
|
Property Type
|
Retail |
|
Community Name
|
Beasley |
|
Amenities Near By
|
Public Transit |
|
Equipment Type
|
Water Heater |
|
Features
|
Irregular Lot Size |
|
Rental Equipment Type
|
Water Heater |
Building
|
Cooling Type
|
None |
|
Heating Type
|
Radiant Heat |
|
Size Exterior
|
1945 Sqft |
|
Size Interior
|
1,945 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Size Depth
|
124 Ft ,9 In |
|
Size Frontage
|
19 Ft ,7 In |
|
Size Irregular
|
Bldg=19.62 X 124.8 Ft |
|
Size Total Text
|
Bldg=19.62 X 124.8 Ft |
|
Zoning Description
|
D2 |
https://www.realtor.ca/real-estate/29728145/320-king-street-e-hamilton-beasley-beasley
