171 Bay St S

Durand, Hamilton, L8P 3H8
FOR SALE
$999,999
Terminated
$0
171 Bay St S, Hamilton
171 Bay St S
171 Bay St S
171 Bay St S
171 Bay St S
171 Bay St S
171 Bay St S
171 Bay St S
171 Bay St S
171 Bay St S
6 + 2
BEDROOMS
3
BATHROOMS
3 + 1
KITCHENS
18 + 7
ROOMS
X10409778
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-06 2024-12-03 27 $999,999 - Terminated
2024-06-19 2024-10-28 131 $1,349,999 - Terminated
2020-03-24 2020-07-08 106 $1,099,000 $1,069,000 Sold
Property Description
Amazing multi family property in downtown Hamilton that will be vacant on closing, steps to the core and surrounded by new development projects. This Victorian Mansion still keeps its charm and character while being a great investment for your portfolio. All units have separate hydro meters and there is shared coin-op laundry in the basement. Main floor is a very large one bedroom that is currently being used as 2 bedrooms. The 2nd floor is a spacious 3 bedroom unit with a living room.3rd floor is a well-maintained 2 bedroom unit. Basement is a great size 2 bedroom unit. This gives the new buyer a chance to add value to the building and pick their own tenants. Great location for tenants with Go Train station a short walk, St Joe's hospital not far away, and James St S & Augusta with all the newest best restaurants in town. Properties like this don't come to the market often.
Property Details
Street
Community
Property Type
Fourplex, 2 1/2 Storey
Approximate Sq.Ft.
3000-3500
Lot Size
40' x 75'
Acreage
< .50
Fronting
South
Taxes
$8,204 (2023)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
None
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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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