SoldDetached

948 King Street

Name: 948 King Street - Sold Sep 2014
Brand: RE/MAX PREMIER INC., BROKERAGE
Price: 439000 CAD
Availability: SoldOut

Hamilton - Beasley

948 King Street

Hamilton - Beasley

Sold For$439,000

Listed For $489,000

Sold Sep 2014

6 + 1 Bedrooms Bedrooms

7 Bathrooms Bathrooms

0 Garage Garage

Description

Turn Key, Close To Revitalized Downtown Core! 6 Bachelors(Easily Converted To 1 Bedrooms) & 1X1 Bedroom Apartments, Annual Gross Income $47K, Net 37K, 8% Cap Rate, Separate Hydro Meters. All Long Term Month To Month Tenants, Low Rents- Upside Rent Potential! Assume Existing Tenants Or Vacant Possession With Proper Notice.

Key facts for 948 King Street

Tax$4,000 / 2014

Property TypeDetached, 3-Storey

Lot Size103.58 x 36 Feet

Parking FeaturesLane

BasementFinished, Separate Entrance

Listing #X3007197

Days on Market--

Listing BrokerageRE/MAX PREMIER INC., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$2,388/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$27.3% net yield

Net Monthly Cash Flow$9,779

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(866) 511-7171

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