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249-251 King St E
Hamilton, ON L8N 1B9
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Easily accessible.
- All units are fully occupied
- Corner lot.
- Sale price reduced!
Executive Summary
249-255 King Street East is a commercial/residential building with two ground floor retail units and six residential apartments on the second and third floors. The site area is 0.139 acres (6,060 SF). This is a court appointed sale and the property is being sold on an "as is, where is" basis.
Includes two 2-bedroom units and four 1-bedroom units. All residential leases are month-to-month and tenants pay for separately metered utilities.
Includes two 2-bedroom units and four 1-bedroom units. All residential leases are month-to-month and tenants pay for separately metered utilities.
Property Facts
| Price Per Unit | $356,414 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Sale Condition | Court Appointed Sale | Building Size | 14,000 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1961 |
| Apartment Style | Low-Rise | Parking Ratio | 0.11/1,000 SF |
| Zoning | D2 - Downtown mixed use area | ||
| Price Per Unit | $356,414 USD |
| Sale Type | Investment |
| Sale Condition | Court Appointed Sale |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 14,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1961 |
| Parking Ratio | 0.11/1,000 SF |
| Zoning | D2 - Downtown mixed use area |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- On-Site Retail
- Smoke Free
- Walk-Up
- Smoke Detector
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