81 HAMILTON STREET N, Hamilton, Ontario L0R 2H0
$2,999,000.00
- 12 bedrooms
- 12 bathrooms
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the ... read more
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses. (id:25417)
- Listing ID: X13579458
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 75 by 123 FT|under 1/2 Acre |
| Parking: | No Garage 10 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Water Meter |
| HVAC: | Baseboard Heaters, Fireplace, Heat Pump and Wall Unit Electric |
| Exterior: | Brick |
| Basement: | Full, N/A, N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Hamilton |
| Province: | Ontario |
| Nearby Amenities: | Park, Place Of Worship, Public Transit and Schools |
| Community Features: | Community Centre |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | Measurements not available |
| Dining room | Second level | Measurements not available |
| Kitchen | Second level | Measurements not available |
| Dining room | Second level | Measurements not available |
| Living room | Second level | Measurements not available |
| Primary Bedroom | Second level | Measurements not available |
| Bedroom | Second level | Measurements not available |
| Kitchen | Ground level | Measurements not available |
| Dining room | Ground level | Measurements not available |
| Living room | Ground level | Measurements not available |
| Primary Bedroom | Ground level | Measurements not available |
| Bedroom | Ground level | Measurements not available |
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