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BEDROOMS4
BATHROOMS4
KITCHENS14
ROOMSX9395363
MLSIDContact Us
Property Description
6+ CAP fourplex in the heart of Hess Village! Invest in this mixed-used property with 3 residential units + 1 commercial storefront. Two residential units (1bds) tenanted at market rents, while the other residential unit (2bd) is vacant and *furnished*. And you will not find a better tenant currently occupying the commercial storefront! Lots of improvements such as flooring, some appliances, AC x1, Furnace x2, paint, etc. Enjoy other great features including 4 owned water heaters, camera security system, separate panels, 6 parking spots, and basement storage. Come invest in the rapidly growing entertainment district of Hess Village!
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Property Details
Street
Community
City
Property Type
Fourplex, 3-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
26' x 141'
Fronting
North
Taxes
$15,071 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
76 George St is a 4-bedroom 4-bathroom home listed for sale at $1,150,000, which is $174,738 (17.9%) higher than the average sold price of $975,262 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $59,859 (5.8%) compared to the previous 30 day period (October 22 - November 20) and down $38,622 (3.8%) from the same time one year ago.Inventory Change
There were 124 4-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is down 27.1% compared with the previous 30 day period (October 22 - November 20) and up 44.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($28,272) (2.9%) below asking price over the last 30 days (November 21 - December 20), which represents a $1,868 decrease compared to the previous 30 day period (October 22 - November 20) and ($44,393) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Hamilton over the last 30 days (November 21 - December 20) stood at 65.3%, up from 55.9% over the previous 30 days (October 22 - November 20) and up from 60.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (November 21 - December 20), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Signature Realty
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