170-172 Markland Street, Hamilton, Ontario L8P 2K5

Listed for:
$1,200,000
8 beds
6 baths
Listed 20 days ago
170-172 Markland Street, Hamilton, Ontario L8P 2K5

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About

Hess St to Markland St Exceptional Turnkey Investment Opportunity – 172 Markland Avenue, Hamilton. Add a solid income-producing asset to your portfolio with this well-maintained 6-unit purpose-built apartment building in Hamilton. Featuring 2 bachelor units and 4 spacious two-bedroom units, this property offers a desirable unit mix with strong rental appeal and consistent income potential. Professionally managed, the building has benefited from numerous capital upgrades over the years, allowing investors to acquire a property with ongoing care and reduced maintenance concerns. Tenants enjoy the convenience of shared laundry facilities located in the partially finished basement, while the lower level also offers additional storage and future potential. Situated in an established neighbourhood with convenient access to public transit, shopping, schools, parks, and major commuter routes, this investment is well-positioned to attract and retain quality tenants. Whether you're expanding your portfolio or entering the multi-residential market, 172 Markland Avenue presents an excellent opportunity to own a professionally managed, income-generating property in one of Hamilton's strong rental markets. (id:27476)

Property Highlights

MLS® Number
40862374
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
7

Building

Storeys
2.00
Square Footage
3542 sqft
Bathrooms Total
6
Bedrooms Total
8
Amenities
Hospital, Park, Public Transit, Schools, Shopping
Exterior Finish
Aluminum siding, Stucco
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX Escarpment Realty Inc.
MLS® number:
40862374
Agent:
Brad Magarrey
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