455 King William Street, Hamilton, ON L8L 1R1

$1,299,000
: 18
BD
: 6
BA

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List Price: $1,299,000
MLS#: X13862264
Status: ACTIVE
Type: Multifamily
SubType: Multiplex
Style: 3-Storey
Bedrooms: 18
Bathrooms: 6
Living Area: 5000 +
Province: ON
Municipality: Hamilton
Area: Hamilton
Neighborhood: Landsdale
Subdivision: King St E

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Property Description

Large purpose-built multiplex building featuring 6 spacious 3-bedroom units. Approx. total square footage is 5700sqft. Generates a gross annual income of $125,500 with a true cap-rate of 6.7%. All units separately metered for hydro - tenants pay electricity. Each unit has their own heat pump for individual A/C & heating. Coin laundry on-site. Updated windows. Clean Phase 1 ESA (2026). Walking distance to GO station. TOURS TO SEE ALL UNITS: Saturday, October 10th from 11:00 AM to 1:00 PM. Please confirm Attendance.

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Additional Information

Taxes: $10,098
Heat Type: Baseboard
Heat Source: Gas
Air Conditioning: Other
Kitchens: 6
Exterior: Stone
Waterfront Type: None
Garage Type: None
Pool: None