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Home ON Greater Hamilton Hamilton Old Hamilton Stipeley
1024 KING STREET E
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1024 KING STREET E $2,399,000
$2,399,000
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1024 KING STREET E
Hamilton (Stipley), Ontario L8M1C8

MLS® Number: X12561422
13
Bedrooms
12
Bathrooms
5000 - 100000
Square Feet

Listing Description

Introducing 1024 King Street East, a solid and well-maintained 12-unit multifamily investment property located along one of Hamilton's most active transit corridors. This purpose-built apartment building features an attractive and balanced unit mix, consisting of three 2-bedroom units, seven 1-bedroom units, and two bachelor suites, appealing to a wide range of tenants and ensuring strong year-round demand. Ideally positioned in the evolving Gibson- Stipley Neighborhood, the property offers excellent access to local amenities, retail, restaurants, parks, transit, and major arterial routes leading directly into the downtown core. With consistent rental performance and significant upside potential through gradual modernization, this turnkey asset is perfectly suited for investors looking to grow or stabilize their multifamily portfolio in one of Hamilton's fastest-improving districts. (41682558)

Location Description

King St E and Melrose

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
5000 - 100000 sqft
Community Name
Stipley
Land Size
49.6 x 111.2 FT
Annual Property Taxes
$23,412.08
Parking Type
No Garage
Time on REALTOR.ca
25 days

Building

Bedrooms
Above Grade
13
Bathrooms
Total
12
Interior Features
Appliances Included
Water Heater
Basement Type
Finished
Building Features
Foundation Type
Concrete
Heating & Cooling
Cooling
Wall unit
Heating Type
Heat Pump (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
5

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Frontage
49 ft ,7 in
Land Depth
111 ft ,2 in
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