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172 Markland St

Markland St, Downtown Hamilton, Hamilton, ON, L8P 2K5

8
Beds
6
Baths
$1,800,000
List Price
Details
Photos
6
Comparables
History
172 Markland St, Hamilton, ON - 1 of 3
172 Markland St, Hamilton, ON - 2 of 3
172 Markland St, Hamilton, ON - 3 of 3
35 days on market

Quick Summary

  • Robust investment opportunity with versatility
  • Recently updated with new windows, boiler
  • Includes fully insulated accessory dwelling unit
  • Potential for heritage designation
  • Option to be restored to executive duplex
  • Currently generating $126,780 gross income
  • Significantly appreciated in value
  • Qualifies for 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 12x15 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

Sq. Ft. Not Available
across 2 floors
8 Beds
8 Above Grade
6 Baths
6 Full

Parking

2 Parking Spaces
-

Lot

Size
675′0″ * 887′12″
Acres
-

Build

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

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Source

Listing Brokerage

MLS® Listing
X9769043
Last Updated
November 28, 2024
Brokerage
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Powered by: REALTOR.ca
Call us 800-591-0566

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