81 Hamilton Street N, Hamilton, Ontario L0R 2H0

Listed for:
$2,999,000
0 beds
0 baths
Listed 30 days ago
Multi-Family for rent: 81 Hamilton Street N, Hamilton, Ontario L0R 2H0

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About

West on Dundas St - North on Hamilton St 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:27476)

Property Highlights

MLS® Number
X13579598
Type
Multi-family
Community Name
Waterdown
Land Size
Bldg=75 x 123 FT

Building

Building Type
Multi-Family
Square Footage
7644 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Other
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
Royal LePage Real Estate Services Ltd., Brokerage
MLS® number:
X13579598
Agent:
Justin Mason
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