Hamilton, ON L8M1C3,979 KING Street E
Hamilton, ON L8M1C3,979 KING Street E
Hamilton, ON L8M1C3,979 KING Street E
Hamilton, ON L8M1C3,979 KING Street E
Hamilton, ON L8M1C3,979 KING Street E
Hamilton, ON L8M1C3,979 KING Street E
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
24
Dec
Wed
25
Dec
Thu
26
Dec
$ 799,900
Est. payment | /mo

2,200 SqFt


Save
$ 799,900
Est. payment | /mo
Save

2,200 SqFt

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $363

Subdivision 200 - Gibson/Stipley

MLS® Listing ID 40666604

Originating Board Cornerstone - Hamilton-Burlington

Property Description

Investors, don’t miss this turn-key, fully leased mixed-use building generating a solid income with a gross yearly income of $54,000 and approximately $43,000 in net income. Tenants cover all utilities, making this a low-maintenance investment, with the seller only responsible for property taxes, insurance and water heater. The property features a leased storefront on the ground floor, along with a spacious, updated 3-bedroom residential unit upstairs. Over the past 10 years, the building has seen improvements, including a new roof, windows, furnace, and a complete renovation of the upstairs unit. Additionally, there’s parking for five + vehicles, with spots located at both the rear and side of the building, plus a full basement offering extra storage or potential future use. This is an excellent opportunity for investors looking for a property with minimal upkeep and strong rental income. Buyers and agents are advised to verify zoning and room sizes independently. For further details or to schedule a viewing, please contact the listing agent. (id:24570)

Location

Province ON

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 2

Others

Ownership Freehold

Powered by: REALTOR.ca
Listed by RE/MAX Escarpment Realty Inc.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 397-4412

dana@artlee.ca

700, 1816 Crowchild Trail NW, Calgary, T2M, 3Y7, Canada

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

979 KING Street E