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251 King Street Image 1

$1,499,000

$1,550,000
3.3% dropped

Last price change Apr 8

Feb 27Other For Sale
bedrooms7bed
washrooms7bath
MLS - #X11991826

251 King Street, Hamilton, ON L8G 1L9

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Average Price
149900000.0%
Higher than average

Price Comparison

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Property Description

Property type

Other

Lot size

< .50 acres

Style

Bungalow

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Primary Bedroom5.79 x 4.34 mN/AMain
Living Room4.78 x 5.54 mN/AMain
Dining Room2.24 x 3.07 mN/AMain
Kitchen4.22 x 3.1 mN/AMain

About 251 King Street

The multi-plex opportunity you were looking for is right here with a 6.8% cap rate! This unique property offers incredible versatility, featuring three separate units and many possibilities. Situated on a 79ft by 224ft lot, there are two separate residences plus a storage building. The upper-level of the main bungalow was renovated approximately 10 years ago. The open concept main floor has 4 bedrooms and 2 bath, the lower level is a newly renovated separate apartment with separate entrance, new kitchen, flooring, bathroom, and more. The two levels are currently rented together. Behind the main home is a separate two-bedroom coach house with separate address, completely renovated with new kitchen, windows, flooring, and bathroom. So much to offer with 2 owned ACs and furnaces, 3 sets of washers and dryers, 2 hydro, 2 gas, and 2 water meters. Plus, the added onsite storage with an oversized garden shed. All units are permitted and legal with separate entrances, kitchens, laundry, and parking. They offer completely separate living spaces great for multi-generational families, a pure investor, or an owner-occupied property with built-in onsite income.

Home Overview

Last updated

Apr 21

Virtual tour

None

Basement information

Separate Entrance, Apartment

Building size

--

Status

In-Active

Property sub type

Other

Maintenance fee

$N/A

Year built

2024

Listed by ROYAL LEPAGE STATE REALTY

Additional Details

Basement:Separate Entrance, Apartment
Cooling:Central Air
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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