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BEDROOMS4
BATHROOMS4
KITCHENS16
ROOMSX12020185
MLSIDContact Us
Property Description
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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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-25 | 2025-01-31 | 67 | $1,500 | - | Expired |
| 2024-11-13 | 2024-11-25 | 12 | $1,550 | - | Terminated |
| 2024-10-05 | 2024-11-16 | 42 | $1,550 | - | Terminated |
Property Features
Hospital, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Fourplex, Other
Approximate Sq.Ft.
2000-2500
Lot Size
33' x 60'
Acreage
< .50
Fronting
West
Taxes
$4,500 (2025)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
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Hamilton Market Statistics
Hamilton Price Trend
85 Wilson St is a 5-bedroom 4-bathroom home listed for sale at $1,059,000, which is $145,625 (15.9%) higher than the average sold price of $913,375 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $831,625 (47.7%) compared to the previous 30 day period (December 22 - January 20) and down $536,701 (37.0%) from the same time one year ago.Inventory Change
There were 33 5-bedroom homes listed in Hamilton over the last 30 days (January 21 - February 19), which is up 50.0% compared with the previous 30 day period (December 22 - January 20) and up 6.5% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($22,434) (2.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $94,966 increase compared to the previous 30 day period (December 22 - January 20) and ($91,146) 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 5-bedroom homes in Hamilton over the last 30 days (January 21 - February 19) stood at 24.2%, up from 9.1% over the previous 30 days (December 22 - January 20) and down from 41.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Hamilton stood at 18 days when successfully sold over the last 30 days (January 21 - February 19), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Aboutowne Realty Corp.
Similar Listings
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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