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741

MLS® X14089868

Overview

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes $3,909
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X14089868

Property Address: 342 King William Street, Hamilton (Landsdale), ON, L8L1P3

Average square foot calculated using Size range provided by listing agent.

Description

Excellent Investment Opportunity in Hamilton! Offered for sale by a long-term owner retiring, this renovated and upgraded property featuring legal duplex with an existing three-unit layout. This versatile property offers very good cash flow potential and opportunities to further maximize rental income. Very Bright and inviting throughout, the home features plenty of windows that fill the living spaces with lots of natural light.The upper unit features 4 bedrooms, 2 bathrooms, ensuite laundry, 1 Family Room (Can be used as a bedroom), and a roughed-in kitchen area currently configured as a bedroom, offering potential for a fourth unit. The main unit features 2 bedrooms, 1 family room (which can be used as a 3rd bedroom), and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. All three existing units have separate kitchens, providing independent living spaces and flexible rental possibilities. Recent Updates: Roof (2025), furnace (2024), and hot water tank (2023). With no existing rental contracts, very low expenses, and vacant possession, the new owner has the flexibility to further customize the home or establish their own tenancy arrangements at current market rents.Additional highlights include 3 separate hydro meters and approximately $75, 000 in potential gross annual rental income with all three units, making this an attractive opportunity for investors seeking strong cash flow and long-term investment potential.Conveniently located in downtown Hamilton, the property is close to public transit, shopping, restaurants, and everyday amenities.A great opportunity to acquire a bright, versatile, multi-unit investment property with excellent income potential! (id:58753)Show Description
MLS® NumberX14089868
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Separate entrance, N/A
DrivewayNo Garage
Garage Spaces
HeatForced air, Natural gas
A/CNone

Extras

Rooms

Show Details
Bedroom 2:Main Floor3.4 × 2.51 ft
Dining Room:Basement6.47 × 2.99 ft
Bedroom 1:Main Floor2.52 × 3.42 ft
Family Room:Main Floor3.41 × 3.69 ft
Kitchen:Main Floor2.79 × 2.49 ft

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