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$ 1,699,900
Est. payment | /mo
2 Beds
1 Bath
7,000 SqFt
$ 1,699,900
Est. payment | /mo
2 Beds
1 Bath
7,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $242
Subdivision 202 - Gibson/Stipley South
MLS® Listing ID 40755428
Bedrooms 2
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
Great investment opportunity for those seeking reliable returns in Hamilton's rapidly growing east end. This solid, purpose-built 8-unit apartment building features all spacious 2-bedroom units, appealing to a broad range of tenants. Fully leased with stable cash flow, the property is ideally located on Main Street East, steps from future LRT infrastructure, offering excellent visibility, walkability, and ongoing rental demand. Well maintained and efficiently operated, the building includes separate hydro meters, private balconies, a shared laundry room, and reasonable operating costs. Combining desirable unit sizes and growth potential for added value, this is a rare chance to acquire a turnkey, income-producing asset in one of Hamilton's most promising urban corridors. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat,
Cooling None
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada