Quick Summary
Quick Summary
- Rare 9-unit purpose-built building in central Hamilton
- Renovated and unrenovated units with separate hydro
- Potential 28% upside on rents from 4 renovated units
- Gross income of $147,097 with potential of $188,880
- Low maintenance brick and concrete construction
- Recent updates including roof, boiler, and fire systems
- Coin laundry onsite and in-suite laundry in renovated
- Convenient location near transit, hospital, and amenities
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession.... Show More
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. Financials available upon request. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
- 1,500 - 2,000 Sq. Ft.
- 4
- 2
- 2
- 1
- 4
- 4
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 3
- 700 - 1,100 Sq. Ft.
- 4
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.