Investment Commercial Building for Sale

MLS# H4131268 Price: $4,499,900




Property Description

FANTASTIC INVESTMENT OPPORTUNITY—8 FULLY RENOVATED UNITS (2 COMMERCIAL & 6 RESIDENTIAL), IN THE HEART OF HAMILTON’S INTERNATIONAL VILLAGE! This mixed-use commercial/ residential building consists of 6 residential units and 2 street-level commercial units. All units have been fully renovated with beautiful, modern finishes, are separately metered, have their own HVAC systems, and have been leased at market rents. Price reflects a 5.2% cap rate. Fantastic opportunity for the savvy investor, and nothing left to do! All renovations done in 2016/2017, including Roof, Electrical, Plumbing, Windows, Appliances, HVAC, etc. Pro-forma available upon request. Close to highways, and steps to the trendiest area in Hamilton. *Businesses not for sale*

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What's your Walk Score? 88 Very Walkable

What's your Transit Score? 84 Excellent Transit

Property Details: 251 KING Street E (near Ferguson )
Listing# 11480


Location

Address 251 KING Street E
City Hamilton
Cross Streets Ferguson
District Hamilton Centre (13)
Neighbourhood Beasley North (134)
Listing Agent Olivia Rapson

Description

Sub Type Investment Price $ 4,499,900
Lease Rate Per For Sale Approx. Age 100+ Years
Location Hamilton Heating Heat Pump
Square Footage 8753

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.

We Sell Millcroft Team