Property Description

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters. Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don’t miss the chance to add a strong asset to your portfolio in Hamilton’s thriving Gibson neighborhood.

Features
: Forced Air
: N
Address Map
CA
Ontario
Hamilton
L8L 6E4
WESTINGHOUSE
13
0
W80° 9' 27.3''
N43° 15' 31.1''
More info
Keller Williams Signature Realty, Brokerage
1
2024-11-22 09:08:35.0
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Investment For Sale

13 WESTINGHOUSE Ave, Hamilton, Ontario L8L 6E4

  • Area: 2,084 Sqft
  • Visits : 1 in 1 days
$985,000
Listing ID#X10440745
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X10440745
Price : $985,000
Area : 2,084 Sqft
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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