417 KING Street W, Hamilton, Ontario, L8P1B5

Property Description

INVEST IN THE WEST Hamilton, Well-maintained brick income property featuring three sizable units, including two 2-bedroom apartments and one 1-bedroom . Perfectly zoned for a residential triplex. Prime location for either rental income or a personal residence, with excellent proximity to downtown, shopping centers, local parks. Situated on a key bus line and just a minute from freeway entrances. The property is move-in ready with three separate Furnace systems, updated electrical panels, and a fire escape with deck areas. Numerous upgrades have been completed since 2020. There's also roughed in plumbing in the basement for potential expansion. Units 1 and 3 are rented to reliable tenants keen on extending their leases. An excellent opportunity for a solid long-term investment (id:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 5
• Bathrooms: 2
• Living Area: 3,673 sq ft (341.2 m²)
• Above Grade: 2,733 sq ft (253.9 m²)
• Below Grade: 940 sq ft (87.3 m²)
• Ownership: Freehold
• Attached: Yes
• Frontage: 24 ft (7.3 m)

Costs

• Annual Taxes: $5,183.00

Listing Provided by: RE/MAX Escarpment LEADEX Realty
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.