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BEDROOMS4
BATHROOMS4
KITCHENS11
ROOMSX12021210
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Property Description
Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 4-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. Suite Mix: 2 x 2-Bedroom Units, 2 x 1-Bedroom Units All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 3 of the 4 units feature private laundry for tenant convenience! Rent roll as such; Unit 1: $1,973/month + Hydro, Unit 2: $1,896/month + Hydro, Unit 3: $1,585/month (All-Inclusive), Unit 4: $1,430/month (All-Inclusive) A sought-after area attracting young professionals and long-term tenants! Buyer to conduct their own due diligence regarding zoning.
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Property Details
Street
Community
City
Property Type
Fourplex, 3-Storey
Lot Size
33' x 105'
Fronting
East
Taxes
$4,044 (2024)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
None
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Listing contracted with Exp Realty
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Rare opportunity to own a 4-plex investment opportunity, great downtown location full of nearby amenities. Three one bedrooms and one two bedroom. It offers Terrazzo floors in the hallways and carpet on the stairs. Units are separately metered for hydro. Locker room and parking available. All units are updated and furnished to standard. Fire alarm and fire extinguisher in each floor hallways. Ideal for the starting Investor!!! Outstanding 4 plex . Nothing to do but collect rent, gross income of $84000 per year. Very secure building close to Jackson Square, walking distance to all amenities.
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