164 Wentworth St S, Hamilton, Ontario

Multi-Family for Sale in Hamilton

164 Wentworth St S, Hamilton, ON

  • CA$889,000
  • 5 BEDS
  • 3 BATHS
  • 4,400 sq.ft. Land
  • CA$889,000

Multi-Family for Sale in Hamilton

164 Wentworth St S, Hamilton, ON

  • CA$889,000
  • 5 BEDS
  • 3 BATHS
  • 4,400 sq.ft. Land
  • CA$889,000

Key Facts

  • MLS® #: X12394367
  • Property ID: SIRC2889299
  • Property Type: Residential, Triplex
  • Lot Size: 4,400 sq.ft.
  • Bedrooms: 5
  • Bathrooms: 3
  • Additional Rooms: Den
  • Parking Spaces: 4
  • Listed By:
  • SUTTON GROUP-ADMIRAL REALTY INC.

Property Description

PROPERTY OVERVIEW: Solid, well-cared-for legal triplex with three self-contained units above ground in a fourplex-zoned area. High cashflow (see attachment), with easy conversion potential to a legal fourplex. Two of the three units are renovated. All three units are paying market rents and cover utilities cost(providing a built-in inflation hedge). Excellent reliable tenants in all three units. House has character, natural light, green outdoor spaces, and ample parking in both front and rear. Suits multi-generational living. ***KEY PROPERTY DETAILS: Unit 1 (main floor): large 3-bedroom unit with basement, private fenced backyard, and shed. Unit 2 (2nd floor): 1-bedroom unit with spacious kitchen. Unit 3 (2nd floor): 2-bedroom unit with open-concept kitchen. Unit 2 & 3 share an additional semi-private backyard. All units have en-suite washer/dryers. 200 AMP service with 3 hydro meters. Additional outdoor staircase to 2nd floor. ***ADDITIONAL INCOME POTENTIAL: Unit 1 offers long-term stability today with future potential to enhance long-term value through modernization & conversion to 2 self-contained apartments (R1a zoning permits fourplexes; see attachment for details). Additional income potential: basement with existing separate entrance, large unused attic with high ceilings. ***LOCATION: Prime location in a family neighborhood, steps to hiking/biking on the Bruce Trail (Escarpment Rail Trail) and stairs to Mountain. Great transit options: Wentworth/Stinson/Main Street buses, Hamilton GO Station, easy access to Mountain & highways, direct bus route to McMaster University. Adjacent to the sought-after Stinson School Lofts and Grant Street. Strong rental demand, especially with Masters & PhD students and medical professionals. Near schools, grocery stores, hospitals, restaurants, cafes. **Financial info, recent capital upgrades, and other info is available.

Rooms

  • TypeLevelDimensionsFlooring
  • KitchenMain0' x 0'Other
  • Living roomMain0' x 0'Other
  • BedroomMain0' x 0'Other
  • Living room2nd floor9' 10.1" x 16' 1.2"Other
  • Kitchen2nd floor11' 10.1" x 11' 6.5"Other
  • Bedroom2nd floor8' 2" x 13' 1.8"Other
  • Living room2nd floor0' x 0'Other
  • Kitchen2nd floor0' x 0'Other
  • Other2nd floor0' x 0'Other
  • Bedroom2nd floor0' x 0'Other

Listing Agents

SUTTON GROUP-ADMIRAL REALTY INC.

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Location

164 Wentworth St S, Hamilton, Ontario, L8N 2Z2 Canada

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