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7
BEDROOMS4
BATHROOMS3
KITCHENS19 + 2
ROOMSX9308850
MLSIDContact Us
Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-09 | 2024-11-04 | 56 | $1,585,000 | - | Terminated |
2024-06-13 | 2024-08-30 | 78 | $1,695,000 | - | Terminated |
2024-06-13 | 2024-06-25 | 12 | $1,695,000 | - | Suspended |
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Property Description
Introducing an exceptional opportunity, a purpose-built legal triplex located in one of the most desirable neighborhoods in Hamilton. This high-caliber property offers the highest level of finished units designed to secure top market rents. Each unit features separate mechanicals and is individually metered, ensuring tenants pay their own utilities. With two of the three units being brand new, this property allows the owner to raise rents without rent control restrictions. The attention to detail in construction is evident, from the use of low-maintenance materials to all-new electrical and plumbing systems. The property also boasts a new roof, windows, and asphalt, leaving nothing for the owner to do but rent and enjoy a long-term, cash-flowing investment. Situated within walking distance to Juravinski Hospital and the vibrant Concession shopping district, this location offers excellent access to the Sherman Cut and other key amenities. Hamilton has been recognized as one of the top cities to invest in due to its evolving landscape, attracting young professionals and families alike. This dynamic city is known for its blend of urban amenities and natural beauty, making it a sought-after place to live and invest. Don't miss this chance to invest in a thriving community with a property that promises both immediate cash flow and long-term appreciation. Secure your investment in one of Hamilton's premier locations today! Property to be vacant on closing.
Extras
NOI between $87,764 - $95,516
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Property Details
Street
Community
City
Property Type
Triplex, 1 1/2 Storey
Lot Size
50' x 125'
Fronting
West
Taxes
$3,900 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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