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241 days on Market

865/871/873 King St, Hamilton, Ontario L8M 1B5

Other
-
-
~4990 sqft
$1,150,000
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Other
-
-
~4990 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$230/sqft

Est. Mortgage$4,939/mo

Tax Amount (2023)$8,603/yr

Days On Market241 days


Description

5-unit Mixed-Used Building at 7% CAP RATE!! Two front commercial units facing the main street provide excellent visibility and foot traffic potential. The commercial units also extend into professional office spaces to the back. Three residential units all have been recently updated. This mix of commercial and residential spaces provides multiple income streams for savvy investors, promising solid returns from this attractive and well-maintained property. Full appraisal report is available upon inquiry. ***EXTRAS***VTB available to qualified buyers


Property Details

StyleCommercial Sale
View-
Age of property-
SqFt~4990 SqFt
Lot Size5,082 SqFt(159.14 x 31.94)
Parking Spaces6
MLS ®NumberXH4192149
Community NameGibson
Data SourceITSO
Listing byEXP Realty

Features

Heating: Radiant

Features

Lot size: 5,082 SqFt
Sanitary & Storm

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by EXP Realty, Brokerage

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Population and Demographics

Overview

Total population 7422
Average household income $86,536

Age (%)

20 to 34
26%
0 to 19
23%
35 to 49
20%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
51%
Single person
40%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
81%
Spanish
3%
Arabic
2%
Portuguese
2%
Somali
2%
Vietnamese
2%
Others
2%
French
1%
Italian
1%

House tenancy (%)

Renters
60%
Owners
40%

Schools and amenities

Estimated Budget