13 Beds 12 Bath

1024 King Street E, Hamilton, ON L8M 1C8

Hamilton L8M 1C8 Ontario

MLS: X12561422

$2,399,000

Added 3 hours ago | For Sale

Listed by: Royal Lepage Real Estate Associates

About Property

Introducing 1024 King Street East, a solid and well-maintained 12-unit multifamily investment property located along one of Hamilton's most active transit corridors. This purpose-built apartment building features an attractive and balanced unit mix, consisting of three 2-bedroom units, seven 1-bedroom units, and two bachelor suites, appealing to a wide range of tenants and ensuring strong year-round demand. Ideally positioned in the evolving Gibson- Stipley Neighborhood, the property offers excellent access to local amenities, retail, restaurants, parks, transit, and major arterial routes leading directly into the downtown core. With consistent rental performance and significant upside potential through gradual modernization, this turnkey asset is perfectly suited for investors looking to grow or stabilize their multifamily portfolio in one of Hamilton's fastest-improving districts.

Features

  • House Style:Multiplex
  • Bathrooms:12
  • Land Size: 49.58 X 111.16
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:King St E and Melrose
  • Basement:Finished , Finished
  • Possession Date:TBD
  • Annual Property taxes: $23412.08
  • Bedrooms:13
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Heat Pump
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12561422

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