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BEDROOMS7
BATHROOMS6
KITCHENS16
ROOMSX7247086
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-25 | 2024-06-01 | 220 | $1,249,000 | - | Expired |
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Property Description
Introducing a remarkable investment opportunity for the savy investor in the heart of the historic Stinson neighborhood! Nestled within a charming century home, this 6-unit multiplex exudes character and potential. The property boasts six, fully occupied units. Contemporary updates and renovations, (shingles ' 13, boiler '13, wiring, plumbing, kitchens and bathrooms in 2012,) ensure that your tenants enjoy modern finishes. The desirable Stinson neighborhood, with it's quick mountain accesses, multiple parks and public transit options ensures strong demand for rental properties Don't miss the chance to own a piece of Stinson history while securing your financial future. This multi-unit century home, with its positive cash flow potential, represents an extraordinary investment opportunity in one of Hamilton's most sought-after neighborhoods. Act quickly and make your mark on this historic gem before it's gone!
Extras
(2012) new wiring, new plumbing, new kitchens, new bathrooms, washer & dryer in most units. (2013) New shingles, new Boiler, (2021) new hot water heater x 2 (rentals through Reliance)
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Property Details
Street
Community
City
Property Type
Multiplex, 2 1/2 Storey
Approximate Sq.Ft.
3500-5000
Lot Size
50' x 165'
Acreage
< .50
Lot Irregularities
50.10 Ft X 135.28 Ft X 30.06 Ft X 30.06
Fronting
East
Taxes
$8,185 (2023)
Basement
Full
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Ground | 12.57' x 22.51' | |
Kitchen | Ground | 15.88' x 19.03' | Combined W/Living |
Br | Ground | 9.06' x 15.49' | |
Kitchen | Ground | 8.99' x 11.19' | |
Br | Ground | 9.35' x 13.68' | |
Kitchen | Ground | 17.78' x 18.21' | Combined W/Living |
Prim Bdrm | 2nd | 10.14' x 14.21' | |
2nd Br | 2nd | 10.01' x 14.07' | |
Kitchen | 2nd | 16.99' x 21.52' | Combined W/Living |
Prim Bdrm | 2nd | 12.66' x 14.24' | |
2nd Br | 2nd | 9.02' x 12.20' | |
Kitchen | 2nd | 15.75' x 22.80' | Combined W/Dining |
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Similar Listings
This property is listed under Power of Sale! This is your opportunity to invest in 8 residential units (5 legal) plus 3 spacious garages in Hamilton! 218-222 John St N has legal non-conforming status for 2 units and 218-222 John St N., has commercial zoning and offers legal non-conforming status for 3 units. Currently utilized as 8 residential units, 3 large garages. Convenient location close to Downtown Hamilton in proximity to large-scale developments, excellent growth potential. Approximately 4700 sq. ft. of residential space and approximately 2400 sq. ft. of garage space. This is a rare opportunity for investors! Verify all details with the available Zoning Verification. Buyer/Agent to complete their own due diligence.
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