571-575 King Street E, Hamilton, Ontario

About 571-575 King Street E

Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5,544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019–2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside. (id:6289)

More Info on this 141 - Landsdale Residential Commercial Mix MLS® listing

571-575 King Street E is a residential commercial mix listing for sale in Hamilton. The MLS® number is 40872439. It covers 5,544 square feet. It's currently listed for $1,489,000. For more details on MLS® 40872439, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This residential commercial mix listing in 141 - Landsdale is available now!

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