107-109 Balsam Ave S
Hamilton, L8M3B2
For Sale
$2,899,000
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Apartment
CATEGORY90 x 45.66
LOT SIZEX10408730
MLSIDContact Us
Property Description
5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units.
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Property Details
Category
Apartment
Usage
Apts-13 To 20 Units
Zoning
De-2
Lot Size
90' x 46'
Taxes
$35,187 (2024)
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Listing contracted with Mysak Realty Inc.
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