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9
BEDROOMS9
BATHROOMS9
KITCHENS27
ROOMSX10441711
MLSIDContact Us
Property Description
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-26 | 2024-08-19 | 54 | $1,650 | $1,700 | Leased |
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
55' x 156'
Fronting
East
Taxes
$17,254 (2024)
Basement
None
Exterior
Brick
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
11
Driveway
Pvt Double
Garage Type
None
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Listing contracted with Keller Williams Signature Realty, Brokerage
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