4 Unit Investment Property

2 Commercial and 2 X 3 br Residential

             

Excellent Location and Condition

True Money Maker! Over 8.5% Cap Rate

Address: 662- 664 King Street East, Hamilton

Location: Central Hamilton, near downtown, on main bus route and in front of the proposed LRT

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Legal Description: PLAN 134 PT LOT 1 PT LOT 2

Lot size: 31.66' X 89.40' [Imperial]

Total Square Feet 4,500 sq. ft.

Zoning: "H"

Location: Central Hamilton

Fire retro fit: Complete

No. of Suites: 4 Units – 2 X 3 bedroom 2 commercial

Height: 3 storey plus basement

Construction: All brick

Balconies: None

Roof: Flat roof approx 20 Years

Windows Approx 20 Years

Laundry Equip: Apt B has private ensuite laundry

Elevator: None

Closest Street: Wentworth St. North

Parking: 4 at rear

Plumbing: Newly Updated, Copper

Heated by: Natural gas, high efficiency hot water boiler approx 10 years

Hot water tank: Rented

Included in rent: Heat and Water

Hydro Tenant pays own hydro, and gas (for appliances).

Appliances: Own 2 fridges, 2 stoves, washer and dryer

Intercom: No

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COMMENTS

                      Building has gone through many upgrades and improvements.
                     
                       

FINANCING:  Treat as Clear.

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