$989,000

3 Bed, 5 Bath, 3-Storey home is located near KING ST E & FAIRLEIGH AVE N in Gibson.

GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 RETAIL UNIT + 3 RESIDENTIAL UNITS!2 RESIDENTIAL UNITS ARE ONE-BEDROOM APARTMENTS AND THE THIRD UNIT IS A LOFT APARTMENT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND WITH A FULL BASEMENT R. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING CAN BE AT THE REAR OF THE BUILDING. TENANT PAYS THEIR HYDRO. SELLER PAYS GAS, TAXES, AND INSURANCE. POSSIBILITY TO STAY IN ONE UNIT WHILE RUN YOUR OWN BUSINESS. THE RETAIL STORE HAS ITS KITCHENETTE, FROM WHERE YOU CAN WALK OUT TO THE BACKYARD, AND HAS 2, 2 PIECE WASHROOMS, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, IT WON'T LAST LONG. TENANTS ARE WILLING TO STAY, VACANT POSSESSION IS AVAILABLE. THE PROPERTY IS A FEW STEPS FROM THE PROPOSED LRT STOP, BEING ON KING ST IT IS COMMUTER'S PARADISE. VERY CLOSE TO MOSQUE. **EXTRAS** THIS KIND OF PROPERTY IS SURELY NOT TO BE MISSED, WAITING FOR END USERS OR SAVVY INVESTORS TO BRING THEIR IDEAS AND EXPLORE THIS PROPERTY'S HUGE POTENTIAL IS THE RIGHT TIME TO ADD ANOTHER MONEY-MAKING PROPERTY TO YOUR PORTFOLIO.

807-809 King St E, Hamilton is a 3 bedroom, 5 bathroom residential 3-Storey store w/apt/office home. 807-809 King St E, Hamilton is conveniently located in the Gibson neighbourhood of Hamilton Ontario. 807-809 King St E, Hamilton is an MLS®-Listed home with an asking price of $989,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 807-809 King St E, Hamilton, the estimated monthly mortgage payment would be $4,778. 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 807-809 King St E, Hamilton are approximately $5,770/year based on 2024 assessment.

This 3-Storey store w/apt/office home located at 807-809 King St E, Hamilton features a Brick Front exterior. The lot size of this North facing property is 29.13 x 100.56 feet. The property has 3 parking spaces. The home has Gas fueled Forced Air heating. The rec room at flat level has combined w/office, hardwood floor. The office room at flat level has combined w/rec, hardwood floor. The workshop room at flat level has combined w/office, hardwood floor. The kitchen at flat level has combined w/laundry, o/looks backyard, w/o to yard. The living room at 2nd level has combined w/dining, combined w/kitchen, hardwood floor. The bedroom at 2nd level has hardwood floor, window, closet. The kitchen at 2nd level has combined w/dining. The living room at 2nd level has combined w/kitchen, window, w/o to sundeck. The 2nd bedroom at 2nd level has hardwood floor, window. The kitchen at 2nd level has combined w/dining, hardwood floor. The loft room at 3rd level has combined w/living, hardwood floor. The kitchen at 3rd level has hardwood floor. Features of 807-809 King St E, Hamilton include hospital.