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1024 King Street E Hamilton, Ontario L8M 1C8

13 Bedroom 12 Bathroom 5000 - 100000 sqft
Wall Unit Heat Pump

$2,399,000

Introducing 1024 King Street East, a solid and well-maintained 12-unit multifamily investment property located along one of Hamilton's most active transit corridors. This purpose-built apartment building features an attractive and balanced unit mix, consisting of three 2-bedroom units, seven 1-bedroom units, and two bachelor suites, appealing to a wide range of tenants and ensuring strong year-round demand. Ideally positioned in the evolving Gibson- Stipley Neighborhood, the property offers excellent access to local amenities, retail, restaurants, parks, transit, and major arterial routes leading directly into the downtown core. With consistent rental performance and significant upside potential through gradual modernization, this turnkey asset is perfectly suited for investors looking to grow or stabilize their multifamily portfolio in one of Hamilton's fastest-improving districts. (id:60365)

Property Details

MLS® Number X12561422
Property Type Multi-family
Community Name Stipley
ParkingSpaceTotal 5

Building

BathroomTotal 12
BedroomsAboveGround 13
BedroomsTotal 13
Appliances Water Heater
BasementDevelopment Finished
BasementType N/a (finished)
CoolingType Wall Unit
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Electric
HeatingType Heat Pump
StoriesTotal 3
SizeInterior 5000 - 100000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 111 Ft ,2 In
SizeFrontage 49 Ft ,7 In
SizeIrregular 49.6 X 111.2 Ft
SizeTotalText 49.6 X 111.2 Ft

https://www.realtor.ca/real-estate/29121136/1024-king-street-e-hamilton-stipley-stipley

Michael Rockall
Salesperson


Royal LePage Real Estate Associates
7145 West Credit Ave B1 #100
Mississauga, Ontario L5N 6J7

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