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5
BEDROOMS4
BATHROOMS4
KITCHENS16
ROOMSX9767342
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 |
|---|---|---|---|---|---|
| 2024-10-05 | 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 (2024)
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 $1,099,000, which is $105,107 (10.6%) higher than the average sold price of $993,893 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 5 bedroom home in Hamilton declined by $83,989 (7.8%) compared to the previous 30 day period (September 15 - October 14) and down $101,073 (9.2%) from the same time one year ago.Inventory Change
There were 37 5-bedroom homes listed in Hamilton over the last 30 days (October 15 - November 13), which is up 2.8% compared with the previous 30 day period (September 15 - October 14) and up 12.1% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($27,975) (2.8%) below asking price over the last 30 days (October 15 - November 13), which represents a $33,172 increase compared to the previous 30 day period (September 15 - October 14) and ($39,074) 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 (October 15 - November 13) stood at 43.2%, down from 47.2% over the previous 30 days (September 15 - October 14) and up from 36.4% 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 37 days when successfully sold over the last 30 days (October 15 - November 13), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Aboutowne Realty Corp.
Similar Listings
This fourplex is a fantastic addition to your investment portfolio, situated in one of Hamiltons desirable neighborhoods. Offering excellent cash flow, the property features four renovated units: Unit 1 Basement 1bed/1bath, Unit 2 Main Floor - 1bed/1 bath, Unit 3 Second Floor - 2bed/1bath, Unit 4 Loft - 1bed/1bath (vacant possession Dec 1, 2024). Units renovated in 2020 new kitchens, bathrooms, flooring and appliances. Electrical (2020), Plumbing (2020), Fire Escape (2020). Onsite shared coin-operated laundry, generating extra monthly income and onsite parking with detached garage. This could be your next turnkey investment oppourtunity!!
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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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