807-809 KING STREET E Active

Hamilton (gibson),ON L8M1A8

$ 989000

3 Beds

1 Bath

3826 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,826 sqft

Price per Sqft $258

Subdivision Gibson

MLS Listing ID X11917141

Bedrooms 3

Originating Board Toronto Regional Real Estate Board

Property Description

GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 COMMERCIAL UNIT + 3 RESIDENTIAL UNITS! 2 RESIDENTIAL UNITS ARE ONE BEDROOM AND THIRD UNIT IS A LOFT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA TENANTS, THE RETAIL UNIT IS A 1750 SQFT AND A FULL BASEMENT. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING IS AT THE REAR OF THE BUILDING, YEARLY INCOME IS $58681.2, AND TENANT PAYS ALL THEIR UTILITIES, EXCEPT GAS. THE SELLER PAYS PROPERTY TAXES, INSURANCE AND GAS. POSSIBILITY TO STAY IN ONE UNIT AND OTHER UNITS CAN BE RENTED. THE RETAIL STORE HAS A KITCHENETTE AND 2 WASHROOMS, INCLUDING DISABLED WASHROOM DONT MISS THIS OPPORTUNITY WON'T LAST LONG. **EXTRAS** THIS VERSATILE MULTI-USE BUILDING IS A FANTASTIC OPPORTUNITY FOR BUSINESS AND RESIDENTIAL PURPOSES.IT IS A GEM FOR INVESTORS AND ENTREPRENEURS.THE MIX OF COMM AND RES SPACES PROVIDES MULTI INCOME STREAMS FOR SAVVY INVESTORS. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Sewer Sanitary sewer

Others

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