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172 Markland St

Markland StDowntown HamiltonHamiltonON, L8P 2K5

-
Beds
-
Baths
4,165
Sq. Ft.
$1,800,000
List Price
172 Markland St, Hamilton, ON - 1 of 3
172 Markland St, Hamilton, ON - 2 of 3
172 Markland St, Hamilton, ON - 3 of 3
New
9 days on market

Quick Summary

  • Robust investment opportunity with versatility
  • Recently updated with new windows, boiler
  • Includes a fully insulated accessory dwelling unit
  • Potential for heritage designation to preserve character
  • Option to be restored to a side-by-side executive duplex
  • Currently generating a gross income of $126,780
  • Significantly appreciated in value to $1.9M
  • Qualifies for an MLI Select mortgage

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... Show More

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 12’x15’ 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. (id:54626)

Property Details

Size

4,165 sq. ft.
across 2 floors
0 Beds
0 Baths

Parking

2 Parking Spaces
-

Lot

Size
672′0″ * 887′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Partially finished
Exterior
Other, Stucco, Wood
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40670937
Last Updated
October 30, 2024
Brokerage
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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