979 King Street E

Hamilton, ON L8M 1C3

About this property

Investors, don’t miss this turn-key, fully leased mixed-use building generating a solid income with a gross yearly income of $54,000 and approximately $43,000 in net income. Tenants cover all utilities, making this a low-maintenance investment, with the seller only responsible for property taxes, insurance and water heater. The property features a leased storefront on the ground floor, along with a spacious, updated 3-bedroom residential unit upstairs. Over the past 10 years, the building has seen improvements, including a new roof, windows, furnace, and a complete renovation of the upstairs unit. Additionally, there’s parking for five + vehicles, with spots located at both the rear and side of the building, plus a full basement offering extra storage or potential future use. This is an excellent opportunity for investors looking for a property with minimal upkeep and strong rental income. Buyers and agents are advised to verify zoning and room sizes independently. For further details or to schedule a viewing, please contact the listing agent

About this property

Investors, don’t miss this turn-key, fully leased mixed-use building generating a solid income with a gross yearly income of $54,000 and approximately $43,000 in net income. Tenants cover all utilities, making this a low-maintenance investment, with the seller only responsible for property taxes, insurance and water heater. The property features a leased storefront on the ground floor, along with a spacious, updated 3-bedroom residential unit upstairs. Over the past 10 years, the building has seen improvements, including a new roof, windows, furnace, and a complete renovation of the upstairs unit. Additionally, there’s parking for five + vehicles, with spots located at both the rear and side of the building, plus a full basement offering extra storage or potential future use. This is an excellent opportunity for investors looking for a property with minimal upkeep and strong rental income. Buyers and agents are advised to verify zoning and room sizes independently. For further details or to schedule a viewing, please contact the listing agent

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$750,000 Active
2,200 SqFt

Presented By CBTREC COMMERCIAL

Agent Image
Get in touch today! Phone: 1-905-737-5700
Brokerage
RE/MAX Escarpment Realty Inc.
1-905-575-5478
Listed By Tino Goritsas
Brokerage: RE/MAX Escarpment Realty Inc.

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
CBTREC COMMERCIAL

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker the Real Estate Centre at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains