579 King St W , Hamilton

6 Bed / 6 Bath / $699,900 / MLS® #:X4246967

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Legal & Fully Tenanted 6 Unit Apartment Building Right On The Future Lrt Line. Gross Rental Income Of $60,000 Per Year. Units Always Fill Quickly At This Property As It Ranks As A "Walkers Paradise" And "Excellent Transit" On Walk Score Website. Walking Distance To Trending Locke Street, Hess Village, Grocery Store, Gas Station, Restaurants And Several Other Amenities. Opportunity To Increase Rents As People Move Out As Half The Units Have Long Term Tenants

The Property Was Legalized In 2013 Which Required Meeting All '2012 Ontario Building Codes" For All Items Incl. Plumbing, Electrical, Fire, Sound Barriers Etc. New Roof 2012. Incl 6 Fridges, 6 Stoves, Washer, Dryer. 6Separate Hydro Meters

Property Details

Property Type Multiplex
Property Style 2-Storey
Square Feet 2500-3000
Property Tax $4,422
Maintenance N/A
Days On Our Website 9
Basement Apartment - W/O
Kitchens 6
Garages 0.0
Lot Dimensions 33.46 x 120.00
Pool None
Area Hamilton
Fireplaces N
Air Conditioning None
Heating Gas - Radiant
Exterior Brick
Garage Type None
Sewers Sewers
Water None

Room Information

Floor Room Dimensions Description

Bathroom Information

Floor Description
N/A 6 x 5 piece


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