Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Dont miss out-schedule your showing today! |
Price | $999,900 |
Taxes: | $6649.66 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 95 Spadina Ave , Hamilton, L8M 2X4, Ontario |
Postal Code: | L8M 2X4 |
Province/State: | Ontario |
Lot Size: | 32.00 x 86.29 (Feet) |
Directions/Cross Streets: | Main St E > Spadina Ave |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 2750.00 |
Total Area Code: | Sq Ft |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROCK STAR REAL ESTATE INC. |
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Type: | Com - Investment |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Stipley |
Lot Size: | 32.00 x 86.29(Feet) |
Tax: | $6,649.66 |