172 Markland St

172 Markland St
172 Markland St
172 Markland St
+3
8
 bed
6
 bath
2
 parking
-
 sqft
Multiplex
Sold conditional
Listed for 
$1,749,900
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Sold conditional
Listed for 
$1,749,900
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Size
-
Lot size
386.94 sqm
Street frontage
N
Possession
Immediate
Price per sqm
-
Taxes
$10,034 (2023)
Parking Type
-
Style
2-Storey
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Description
Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12x15 accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request.

EXTRAS:
Broker: RE/MAX GARDEN CITY REALTY INC, BROKERAGE
MLS®#: X9769043
Property details
Parking:
2
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
17.07 M
Lot depth:
22.56 M
Listed on:
Oct 31, 2024
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Instant estimate:
orto view instant estimate
$142,755
lower than listed price
i
High
$1,660,081
Mid
$1,607,145
Low
$1,546,881
Gabor Hess
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9769043
Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

About 172 Markland St

172 Markland St is a Hamilton multiplex for sale, near AT N and E Corner of Mar. This multiplex was listed at $1749900 in October 2024 and has 8 beds and 6 bathrooms.

Groceries can be found at Donut Monster which is a 5-minute walk and you'll find Alert Best Nursing & Home Care nearby as well. For those days you just want to be indoors, look no further than Arctic Experience McNaught Gallery to keep you occupied for hours. For nearby green space, Radial Park and Mapleside Park could be good to get out of your multiplex and catch some fresh air or to take your dog for a walk.

If you are looking for transit, don't fear, 172 Markland St, Hamilton City has a public transit Bus Stop (HESS at HERKIMER) only steps away. It also has route Aberdeen, and route Upper Paradise close by.