Size
4600 sqft
Lot size
696.77 sqm
Street frontage
N
Possession
-
Price per sqm
$3,979
Taxes
-
Parking Type
Detached Garage
Style
2 1/2 Storey
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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%.
Broker: Royal LePage State Realty
MLS®#: H4188984
Property details
Parking:
8
Parking type:
Detached Garage
Property type:
Detached
Heating type:
Radiant
Style:
2 1/2 Storey
MLS Size:
427 sqm
Lot front:
15.24 M
Lot depth:
45.72 M
Listed on:
Mar 26, 2024
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