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Hamilton (stinson),ON L8N2T1
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,999 sqft
Price per Sqft $430
Subdivision Stinson
MLS Listing ID X11176922
Bedrooms 14
Originating Board The Oakville, Milton & District Real Estate Board
Property Description
Rarely offered purpose-built legal 8-Unit investment property in the highly sought-after Stinson neighborhood! This low-maintenance, 3-storey walk-up features separate hydro meters, 8 parking spaces, and spacious 700+sf units occupied by A+ tenants. The building boasts a fantastic suite mix of 6 x 2-bedroom units and 2 x 1-bedroom units, with durable brick and concrete construction and classic terrazzo floors. Gross income of $157,000m, potential to reach $189,000. This turnkey 8-Unit Building has been well cared for with significant capital expenditures. Updates including Heat Pumps and In-Suite Laundry (4/8 units), Parapet Wall Capping (2020), Fire Systems (2021), and more. Coin laundry onsite. Situated at the edge of the escarpment, this premium location is minutes from the Hamilton GO Centre, Hamilton General Hospital, transit stops, and all the amenities of downtown Hamilton, making it a prime choice for tenants. Dont miss this exceptional investment opportunity with strong cash flow and long-term upside. Financials available upon request. (id:24570)
Location
State ON
Interior
Heating Baseboard heaters
Cooling Wall unit
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 3
Sewer Sanitary sewer