216-218 King Street E, Hamilton, Ontario

About 216-218 King Street E

Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units generating a combined $4,300/month, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential. (id:6289)

More Info on this 140 - Beasley Residential Commercial Mix MLS® listing

216-218 King Street E is a residential commercial mix listing for sale in Hamilton. The MLS® number is 40844755. It covers 3,000 square feet. It's currently listed for $1,800,000. For more details on MLS® 40844755, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in 140 - Beasley is available now!

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