251 King ST E Active

Hamilton,ON L8G 1L9

$ 1499000

4 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Stoney Creek

MLS Listing ID X11991826

Style Bungalow

Bedrooms 4

Building Age 51-99

Annual Tax Amount $7,479

Tax Year 2024

Property Sub-Type Other

Appx SqFt 1100-1500

Property Description

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.

Location

Province ON

County Hamilton

Community Stoney Creek

Area Hamilton

Rooms

Family Room Yes

Kitchen 2

Interior

Cooling Central Air

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Building

Foundation Concrete Block,Poured Concrete

Others

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