81 Hamilton Street N Hamilton, Ontario L0R 2H0

12 Bedroom 12 Bathroom 5,000 - 100,000 sqft
Wall Unit Baseboard Heaters, Heat Pump

$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 X13579458
Property Type Multi-family
Community Name Waterdown
Amenities Near By Public Transit, Place Of Worship, Park, Schools
Community Features Community Centre
Equipment Type None
Parking Space Total 10
Rental Equipment Type None
Structure Shed

Building

Bathroom Total 12
Bedrooms Above Ground 12
Bedrooms Total 12
Age 31 To 50 Years
Appliances Water Meter
Basement Development Finished
Basement Features Separate Entrance, Walk Out
Basement Type Full, N/a, N/a (finished)
Cooling Type Wall Unit
Exterior Finish Brick
Foundation Type Poured Concrete
Half Bath Total 2
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Stories Total 2
Size Interior 5,000 - 100,000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit, Place Of Worship, Park, Schools
Sewer Sanitary Sewer
Size Depth 123 Ft
Size Frontage 75 Ft
Size Irregular 75 X 123 Ft
Size Total Text 75 X 123 Ft|under 1/2 Acre

Rooms

Level Type Dimensions
Second Level Kitchen Measurements not available
Second Level Dining Room Measurements not available
Second Level Kitchen Measurements not available
Second Level Dining Room Measurements not available
Second Level Living Room Measurements not available
Second Level Primary Bedroom Measurements not available
Second Level Bedroom Measurements not available
Ground Level Kitchen Measurements not available
Ground Level Dining Room Measurements not available
Ground Level Living Room Measurements not available
Ground Level Primary Bedroom Measurements not available
Ground Level Bedroom Measurements not available

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