$1,639,000

Investment For Sale In Corktown, Hamilton, Ontario

$1,639,000

Property Information:

Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughout Excellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type:
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Wall unit

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7+2
  • Bathrooms: 9
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 134.5 Feet
  • Lot Frontage: 36.6 Feet
  • Lot Size: 36.6 x 134.5 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage

Courtesy of: RE/MAX ABOUTOWNE REALTY CORP.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.