81 Hamilton St N, Hamilton, Ontario

Multi-Family for Sale in Hamilton

81 Hamilton St N, Hamilton, ON

  • CA$2,999,000
  • 12 BEDS
  • 12 BATHS
  • CA$2,999,000

Multi-Family for Sale in Hamilton

81 Hamilton St N, Hamilton, ON

  • CA$2,999,000
  • 12 BEDS
  • 12 BATHS
  • CA$2,999,000

Key Facts

  • MLS® #: X13579458
  • Property ID: SIRC3511693
  • Property Type: Residential, Multiplex
  • Lot Size¹: 75x123 ft.
  • Bedrooms: 12
  • Bathrooms: 12
  • Approximate Age: 31-50 years
  • Parking Spaces: 10
  • Listed By:
  • Royal LePage Real Estate Services Ltd., Brokerage

Property Description

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.

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Listing Agents

Royal LePage Real Estate Services Ltd., Brokerage

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Location

81 Hamilton St N, Hamilton, Ontario, L0R 2H0 Canada

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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