526 KING STREET E, Hamilton, Ontario L8N 1E2
$925,000.00
- 7 bedrooms
- 5 bathrooms
ATTENTION ALL INVESTORS & SMART BUYERS! Exceptional turn-key opportunity generating over $6,300/month in gross income! Located in a high-growth corridor, 526 King St E is a legal triplex featuring a 4th basement unit for maximized cash flow. Meticulously updated, 3 of the units boast reimagined layouts with premium modern finishes, including new flooring, crisp new cabinetry, and brand-new windows. Property Layout: Main Floor: 2-Bedroom Unit, Second Floor: 2-Bedroom Unit, Third Floor: 1-Bedroom Unit, Basement: 1-Bedroom Unit. Investor Highlights: Separate Metering: 4 Hydro Meters keep utility overhead remarkably low. Abundant Parking: Rare 4-car ... read more
ATTENTION ALL INVESTORS & SMART BUYERS! Exceptional turn-key opportunity generating over $6,300/month in gross income! Located in a high-growth corridor, 526 King St E is a legal triplex featuring a 4th basement unit for maximized cash flow. Meticulously updated, 3 of the units boast reimagined layouts with premium modern finishes, including new flooring, crisp new cabinetry, and brand-new windows. Property Layout: Main Floor: 2-Bedroom Unit, Second Floor: 2-Bedroom Unit, Third Floor: 1-Bedroom Unit, Basement: 1-Bedroom Unit. Investor Highlights: Separate Metering: 4 Hydro Meters keep utility overhead remarkably low. Abundant Parking: Rare 4-car parking (2 front + 2 back). Low Maintenance: Fully updated interior & exterior for hands-off management. Immediate Income: 3 units currently occupied by quality tenants. Location & Future Growth: Unbeatable access to public transit, local amenities, and the GO Station. Take full advantage of Hamilton's anticipated Light Rail Transit (LRT) expansion, driven to significantly accelerate property appreciation. Unmatched Exit Strategy: Flexible TOC1 (Transit Oriented Corridor) Zoning permits a wide array of high-density residential and commercial uses-providing dynamic upside and multiple exit options for future redevelopment. Whether adding a cash-flow asset to your portfolio or house-hacking your way to financial freedom, this high-yield property is a rare find. Book your showing today! (id:25417)
- Listing ID: X13872086
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 27 by 118.2 FT Fenced Yard |
| Parking: | No Garage 4 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Dryer, Refrigerator, Stove, Washer and Water Meter |
| HVAC: | Baseboard Heaters, Fireplace, Forced Air and Wall Unit Electric, Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Hamilton |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Park, Public Transit and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Bathroom | Second level | 2.74 m x 1.82 m |
| Bedroom | Second level | 2.97 m x 2.39 m |
| Bedroom | Second level | 3.17 m x 2.67 m |
| Kitchen | Second level | 3.17 m x 2.95 m |
| Bedroom | Third level | 3.68 m x 3.05 m |
| Kitchen | Third level | 3.66 m x 3.05 m |
| Bathroom | Third level | 2.74 m x 1.21 m |
| Bathroom | Basement | 2.6 m x 1.54 m |
| Laundry room | Basement | 0.72 m x 0.72 m |
| Bedroom | Basement | 2.67 m x 2.62 m |
| Recreational, Games room | Basement | 4.39 m x 3.45 m |
| Kitchen | Main level | 3.68 m x 3.07 m |
| Living room | Main level | 4.06 m x 3.76 m |
| Bedroom | Main level | 3.66 m x 2.16 m |
| Bedroom | Main level | 3.66 m x 2.34 m |
| Bathroom | Main level | 2.43 m x 2.74 m |
| Bathroom | Main level | 1.54 m x 1.54 m |
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