8 Bathroom
6953.48 sqft
Partially Air Conditioned
Hot Water Radiator Heat
$1,300,000
Client RemarksPrime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value. (id:50976)
Property Details
MLS® Number
|
X11996786 |
Property Type
|
Multi-family |
Community Name
|
Glenview |
Building
Bathroom Total
|
8 |
Appliances
|
Refrigerator, Stove |
Cooling Type
|
Partially Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Hot Water Radiator Heat |
Size Interior
|
6953.48 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
125 Ft |
Size Frontage
|
47 Ft |
Size Irregular
|
47 X 125 Ft |
Size Total Text
|
47 X 125 Ft |
Zoning Description
|
H, E-2 |
https://www.realtor.ca/real-estate/27971819/2342-king-street-e-hamilton-glenview-glenview