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    For Sale - 1408 King Street, Hamilton, Ontario

    Est payment $3,837/mo
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    Views   3
    Time on Jump  51 day

    AI Summary *

    • Large lot in a high-traffic location, great for visibility and access.
    • Mixed-use property with commercial and residential revenue streams.
    • Main floor commercial unit generating $2,500/month for immediate cash flow.
    • Spacious upper apartment rented at $2,000/month, providing stable income.
    • Additional basement unit with rental potential of $2,000/month available.




    Impressive mixed-use investment opportunity situated on a generous 75. 25 ft x 137. 42 ft lot in a high-exposure king street east location. This income-producing property offers a rare combination of commercial and residential revenue streams, making it an excellent addition to any investment portfolio. The property features a commercial unit on the main level generating $2,500/month, a spacious upper residential apartment currently rented for $2,000/month, and a basement unit with potential to generate $2,000/month. With multiple tenancies in place, investors can benefit from immediate cash flow and long-term appreciation potential. Strategically located in hamilton's growing east-end corridor, this property enjoys excellent visibility, steady pedestrian and vehicular traffic, and convenient access to transit, major roadways, shopping, and neighbourhood amenities. The expansive lot offers added value and future potential, subject to municipal approvals. Whether you're an investor seeking stable income or an owner-operator looking for a property with built-in rental support, this versatile mixed-use asset presents an outstanding opportunity in a thriving market.
    Listing IDX13506188
    Address1408 King Street
    CityHamilton, Ontario
    Price$799,000
    Bed / Bath5 / 3 Full
    Style2-Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Carpet FreeOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  PROPERTY XCHANGE REALTY POINT

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1408 King Street
    Hamilton , Ontario
    5 3 $799,000
    Get more info