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*

Are you interested in this listing? Request a viewing!

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# 49100


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

What's Around 251 KING Street E ?

Quick Contact


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.



Google Rating

5      65 reviews


Photo of Danielle Lapointe

Danielle Lapointe
  May 11, 2022

I just bought my first home with Kimberly’s help! I can’t thank Kimberly and the VanDinther team enough. Kimberly was such a great help during an incredibly challenging seller’s market. As an out-of-town buyer, I really relied upon Kimberly’s knowledge and expertise, and I was so grateful that she was able and willing to do virtual tours with me. She has a fantastic understanding of Burlington and Oakville’s condo market, I felt really confident in the advice that she gave me. Working with a realtor who works within a team also proved to be a great benefit- when I expanded my search to Milton, Morgan was able to lead a virtual tour in a short turn around and I ended up finding my perfect first home. This team is great. I can’t recommend Kimberly enough and there is no doubt in my mind that I will work with her again when I am ready to look for my next home. Thank you!

Photo of Lauren Wing

Lauren Wing
  April 30, 2022

We can't thank the VanDinther team enough for helping us persevere through a tough market and find a beautiful home. Morgan and Lori were were always available to organize showings, to provide market insights, and to give us the tools and support we needed to land a property we love. We so appreciate all of the work they did behind the scenes to provide us with an easy-to-navigate plan forward, often at short notice. We highly recommend Team VanDinther!

Photo of Brad Rooke

Brad Rooke
  April 21, 2022

Good people are hard to find. Good honest people are even harder to find. Lori and her team proved to be both and earned the right to be called trusted advisors. Lori's real estate experience was drawn upon to read market conditions, map competitive landscape, formulate a pricing strategies, and deliver a unique marketing plan that allowed us to sell our home on time while achieving our target. price. Not easily achieved as some foreseen and unforeseen challenges materialized. Without a seasoned professional such as Lori by our side to navigate us through the process we would not have realized such a positive outcome. We enjoyed a positive professional experience and have many accolades for Lori and her team.

Photo of Bette Dodds

Bette Dodds
  April 07, 2022

Many thanks to Lori and Morgan for taking me through the steps of selling my house, it had been over 30 years and the real estate market has changed tremendously! I was definitely in good hands, they are very professional and I was happy with the results!

View All Google Reviews


RE/MAX Escarpment Realty Inc., Brokerage logo

MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS®.