320 King Street East presents a rare opportunity to acquire a fully stabilized, 5-unit mixed-use asset in the heart of Hamilton's historic International Village. Generating a highly efficient actual Net Operating Income of $62,459.46 with zero vacancy, the 2,901-square-foot property features a main-floor retail space, three standard apartments, and a premium 650-square-foot renovated coach house ideal for owner-occupiers or yield-focused investors. While currently performing as a turn-key cash generator, the asset offers tangible value-add potential through a significant loss-to-lease opportunity on one drastically under-market residential unit. Furthermore, with a "Walker's Paradise" Walk Score of 98and Transit Oriented Corridor (TOC1) zoning, this property is strategically positioned for massive long-term capital appreciation directly along the route of Hamilton's upcoming $3.4 billion Light Rail Transit (LRT) project. (id:49269)
| MLS® Number | X13107146 |
| Property Type | Retail |
| Community Name | Beasley |
| Amenities Near By | Public Transit |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size |
| Rental Equipment Type | Water Heater |
| Cooling Type | None |
| Heating Type | Radiant Heat |
| Size Exterior | 1945 Sqft |
| Size Interior | 1,945 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 124 Ft ,9 In |
| Size Frontage | 19 Ft ,7 In |
| Size Irregular | Bldg=19.62 X 124.8 Ft |
| Size Total Text | Bldg=19.62 X 124.8 Ft |
| Zoning Description | D2 |
https://www.realtor.ca/real-estate/29728145/320-king-street-e-hamilton-beasley-beasley
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