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Hamilton,ON L8K 1A5
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision Crown Point
MLS Listing ID X11950262
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,200
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Rare Multi-Unit Investment Opportunity in Crown Point! This is your chance to secure a value-add, cash-flowing multi-unit property in the heart of Hamilton! Featuring six units in total: two 2-bedroom units, two 1-bedroom units, and two bachelor units! This building is ideally positioned near vibrant Ottawa Street, known for its trendy shops, dining, and strong rental demand. One of the 2-bedroom units has been newly renovated, boasting a sleek modern kitchen, stylish bathroom, and stainless steel appliances! a prime opportunity for increased rental income. One 1-bedroom apartment is currently vacant, with a market rent of $1,750/month, providing immediate potential for increased cash flow. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.
Location
Province ON
County Hamilton
Community Crown Point
Area Hamilton
Rooms
Family Room No
Basement Full,Unfinished
Kitchen 6
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 30.0
Lot Depth 100.0
Total Parking Spaces 2
Building
Foundation Block,Concrete Block