81 Hamilton Street N Hamilton, Ontario L0R 2H0

7,644 sqft
Fully Air Conditioned Baseboard Heaters, Other

$2,999,000

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:63381)

Property Details

MLS® Number X13579598
Property Type Multi-family
Community Name Waterdown

Building

Cooling Type Fully Air Conditioned
Heating Type Baseboard Heaters, Other
Size Exterior 7644 Sqft
Size Interior 7,644 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 123 Ft
Size Frontage 75 Ft
Size Irregular Bldg=75 X 123 Ft
Size Total Text Bldg=75 X 123 Ft
Zoning Description C5 Mixed Use

Contact Us

Contact us for more information

Your Favourites

 

No Favourites Found

 

Compare listings

Compare