$1,100,000

4 + 1 Bed, 4 Bath, 1,500 ft², 2 1/2 Storey home is located near 403 To Main St West Exit, East to Wentworth St S, South on Wentworth St S, West (Right) on King St E, North on Ashley, east on King William, parking out front and in rear laneway in Landsdale.

Turn-Key, Cash Flow Positive Multiplex in Lansdale! Attention savvy investors: 480 King William St is the perfect blend of strong income potential and a prime location. This legal triplex with a non-conforming fourth unit operates as four self-contained rental units and boasts impressive features to attract tenants and maximize returns. The unit mix includes a vacant 1-bedroom in the basement, a tenanted 1-bedroom on the main floor (with one parking space included), a vacant 2-bedroom on the second floor, and a tenanted 1-bedroom in the attic. The property has the potential to generate over 75,000 in annual gross rental income, with all units featuring separate metering, ensuring tenants pay their own hydro, boosting the bottom line for an incoming buyer. Recent upgrades to the stairs at the rear of the property, as well as the fencing in the back and roof (reshingled 2022). Stainless steel appliances are featured in all but the basement unit, ensuring modern appeal for tenants and reducing turnover. With six parking spaces, an in-suite laundry, and a centralized location, the property offers unmatched convenience for tenants. Located in the vibrant Lansdale neighbourhood, the property is close to schools and steps from transit and the future LRT. Whether you're expanding your portfolio or looking for a new low-maintenance investment with long-term upside potential, 480 King William is what you've been waiting for.

480 King William St, Hamilton is a 4 + 1 bedroom, 4 bathroom residential 2 1/2 Storey fourplex home. 480 King William St, Hamilton is conveniently located in the Landsdale neighbourhood of Hamilton Ontario. 480 King William St, Hamilton is an MLS®-Listed home with an asking price of $1,100,000. This residential property has been listed on ctfrealty.com for 1 days. The home is 100+ years old. Based on the Listing Price of 480 King William St, Hamilton, the estimated monthly mortgage payment would be $5,315. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 480 King William St, Hamilton are approximately $4,371/year based on 2024 assessment.

This 2 1/2 Storey fourplex home located at 480 King William St, Hamilton features a Brick & Vinyl Siding exterior. The lot size of this South facing property is 28.58 x 108.5 feet. The property has 6 parking spaces. The home has Gas fueled Forced Air heating. The bathroom at main level has 3 pc bath. The master bedroom at main level has . The kitchen at main level has . The living room at main level has . The bathroom at 2nd level has 3 pc bath. The master bedroom at 2nd level has . The 2nd bedroom at 2nd level has . The kitchen at 2nd level has . The bathroom at 3rd level has 3 pc bath. The master bedroom at 3rd level has . The bathroom at basement level has 3 pc bath. The master bedroom at basement level has . Features of 480 King William St, Hamilton include public transit, school.