154-156 FREELTON ROAD, Hamilton, Ontario L8B 0Z5
$1,550,000.00
- 13 bedrooms
- 11 bathrooms
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated ... read more
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA. (id:25417)
- Listing ID: X13207934
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 66 by 252 FT|under 1/2 Acre |
| Parking: | Attached Garage 9 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Central Air Conditioning, Fireplace, Forced Air and Wall Unit Natural Gas |
| Exterior: | Vinyl Siding |
| Basement: | Full, N/A (Partially Finished), N/A |
| Utilities: | Septic System |
| Location | |
|---|---|
| City: | Hamilton |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 6.43 m x 4 m |
| Living room | Second level | 3.96 m x 4 m |
| Bedroom | Second level | 2.66 m x 2.4 m |
| Primary Bedroom | Second level | 2.84 m x 2.97 m |
| Bathroom | Second level | Measurements not available |
| Kitchen | Main level | 4.04 m x 3.9 m |
| Bedroom | Main level | 2.48 m x 2.67 m |
| Primary Bedroom | Main level | 3.58 m x 2.97 m |
| Bathroom | Main level | Measurements not available |
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