74 Locke St N

FOR SALE
$1,675,000
Expired
$0
74 Locke St N, Hamilton
74 Locke St N
74 Locke St N
74 Locke St N
74 Locke St N
74 Locke St N
74 Locke St N
74 Locke St N
74 Locke St N
74 Locke St N
9 + 3
BEDROOMS
8
BATHROOMS
8
KITCHENS
20
ROOMS
X7297252
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-14 2024-01-31 79 $1,675,000 - Expired
2023-11-14 2023-12-23 40 $1,675,000 - Suspended
Property Description
Strategically Located On A Corner Lot With Fantastic Exposure, This 3-Level Building Offers 4 Two-Bedroom And 4 One-Bedroom Units, Each On Separate Hydro Meters. Conveniently Close To Victoria Park, Bayfront Park, Transit, Go Station, And Amenities. Accommodates 5 Parking Spaces. Features A Boiler System, Owned Equipment (No Rentals), Coin-Operated Washer/Dryer In The Basement With Expansion Potential. High Ceilings And Ample Natural Light In Units. Enormous Growth Potential! Consider Vtb 1St Mortgage At 4% Interest Only With A 25% Down Payment. Act Now For A Lucrative Investment Opportunity!
Property Details
Street
Community
Property Type
Multiplex, 3-Storey
Similar Listings
122 Victoria Ave N, Hamilton
9
BEDS
9
BATHS
$1,690,000
FOR SALE
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Unit 5 vacant, Unit 6 vacant Apr 1. Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. Financials available upon request. Appraised for $2,050,000 in 2024.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1428483262