524-526 John St N

FOR SALE
$1,249,900
Terminated
$0
524-526 John  St N, Hamilton
524-526 John  St N
524-526 John  St N
524-526 John  St N
524-526 John  St N
524-526 John  St N
524-526 John  St N
524-526 John  St N
524-526 John  St N
524-526 John  St N
5
BEDROOMS
5
BATHROOMS
5
KITCHENS
15
ROOMS
X5111067
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-02-10 2021-02-18 8 $1,249,900 - Terminated
Property Description
Rarely Offered Legal 5-Plex In Hamilton's North End, Short Walk To The Bayfront Park & West Harbour Go, Close To The Downtown Core. Steps Away From Piers 5-8 Waterfront Development. Property Consists Of 5 - 1 Bedroom Units That Have Been Renovated & Are Occupied With Quality Tenants. Separately Metered, Tenants Pay Their Own Hydro, & 6Th House Meter For Common Elements. Large Unfinished Basement With Separate Entrance, Currently Used For Storage. Rear Parking
Extras
Inclusions: 5 Fridges, 5 Stoves Exclusions: Tenant Possessions
Property Details
Street
Community
Property Type
Multiplex, 3-Storey
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Rare Multi-Unit Investment Opportunity in Crown Point! This is your chance to secure a value-add, cash-flowing multi-unit property in the heart of Hamilton! Featuring six units in total: two 2-bedroom units, two 1-bedroom units, and two bachelor units! This building is ideally positioned near vibrant Ottawa Street, known for its trendy shops, dining, and strong rental demand. One of the 2-bedroom units has been newly renovated, boasting a sleek modern kitchen, stylish bathroom, and stainless steel appliances! a prime opportunity for increased rental income. One 1-bedroom apartment is currently vacant, with a market rent of $1,750/month, providing immediate potential for increased cash flow. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.
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