999 Mohawk Rd E

Mohawk, Hamilton, L8T 2R9
FOR SALE
$1,699,000
Sold
$1,670,000
999 Mohawk Rd E, Hamilton
999 Mohawk Rd E
999 Mohawk Rd E
999 Mohawk Rd E
999 Mohawk Rd E
999 Mohawk Rd E
999 Mohawk Rd E
999 Mohawk Rd E
999 Mohawk Rd E
999 Mohawk Rd E
8 + 2
BEDROOMS
6
BATHROOMS
4 + 2
KITCHENS
16 + 6
ROOMS
X8174774
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-26 2024-04-28 33 $1,699,000 $1,670,000 Sold
Property Description
Lucrative 6-Unit Investment Opportunity With Excellent Cash Flow. Located In A Fantastic East Hamilton Mountain Location Close To Schools, Public Transit, Shopping And All Amenities. This 2.5 Storey All-Brick Walk-Up Apartment Building Has Been Well Maintained And Offers Low Maintenance Terrazzo Stairs And Hallway Floors. There Are Two Updated Boilers And A New Water Heater (All Owned Equipment). Most Units Have Been Renovated And The Building Has Quiet, Respectful Tenants. There Are 6 Large Parking Spaces For The Tenants As Well As A Detached Garage That Can Be Used For Storage Or As Additional Income. This Rare Investment Opportunity Is Presented With A 5.3% Cap Rate And Potential For Vtb Financing Up To 75%.
Property Details
Street
Community
Property Type
Multiplex, 2 1/2 Storey
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