261 Mohawk Rd E

261 Mohawk Rd E
261 Mohawk Rd E
261 Mohawk Rd E
+8
$1,699,000
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$1,699,000
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Size
-
Lot size
627.1 sqm
Street frontage
E
Possession
Flexible
Price per sqm
-
Taxes
$6,858 (2024)
Parking Type
-
Style
2-Storey
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Description
Located in one of the most sought-after neighbourhoods, this well-maintained 6-unit multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area. With a total annual rental income exceeding $90,000, this property boasts a strong return on investment. The solid brick building features two 1-bedroom apartments and four 2-bedroom apartments, each designed with functional layouts, durable finishes, ensuring long-term tenant satisfaction. 50% of the apartments have been renovated! Each unit enjoys spacious living areas, ample natural light, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2015 and new security system in 2020, provide stability and low maintenance, while the current rental income offers immediate cash flow potential. Dont miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio.

EXTRAS:
Broker: THE AGENCY
MLS®#: X11933561
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
-
Lot front:
15.24 M
Lot depth:
41.15 M
Listed on:
Jan 21, 2025
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Instant estimate:
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$47,674
lower than listed price
i
High
$1,705,717
Mid
$1,651,326
Low
$1,589,405
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Alex Moggy
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X11933561
Listed by THE AGENCY

About 261 Mohawk Rd E

Located at 261 Mohawk Rd E, this Hamilton multiplex is available for sale. This multiplex was listed at $1699000 in January 2025

Want to dine out? There are plenty of good restaurant choices not too far from 261 Mohawk Rd E, Hamilton City.Grab your morning coffee at Tim Hortons located at 897 Upper Wellington St. Groceries can be found at Meat Depot which is a 7-minute walk and you'll find B A Chiesa & Associates not far as well. Love being outside? Look no further than Hill Park Recreation and Sackville Hill Memorial Park, which are both only steps away.

Living in this multiplex is easy. There is also MOHAWK opposite SEVEN OAKS Bus Stop, only steps away, with route Mohawk nearby.