SoldMultiplex

976 King Street

Name: 976 King Street - Sold May 2024
Brand: SUTTON GROUP INNOVATIVE REALTY INC.
Price: 1485000 CAD
Availability: SoldOut

Hamilton - Gibson

976 King Street

Hamilton - Gibson

Sold For$1,485,000

Listed For $1,595,000

Sold May 2024

6 + 2 Bedrooms Bedrooms

8 Bathrooms Bathrooms

0 Garage Garage

Description

Investment Opportunity! 8-unit apartment building in Central Downtown Hamilton close to Tim Horton's Field. Fully rented with 7 one-bedroom units and 1 bachelor unit. 5 units have been renovated in the last few years. Roof was done in 2017. Separate hydro meters (tenants pay hydro) and separate water heaters. 4 parking spots, with 2 of them currently rented. Easy access to public transportation. Public Laundromat right next door.

Key facts for 976 King Street

Tax$14,767 / 2023

Property TypeMultiplex, 3-Storey

Lot Size103 x 36 Feet

Size5000 + ft²

ParkingNone Spaces, Total 4 Spaces

Parking FeaturesLane

BasementNone

Listing #X8135136

Days on Market--

Listing BrokerageSUTTON GROUP INNOVATIVE REALTY INC.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

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* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$7,789/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$0.8% net yield

Net Monthly Cash Flow-$6,569

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Inquire with Realtris

(866) 511-7171

info@realtris.ca

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