295 Melvin Ave

Hamilton, ON L8H 2K6
  • $4,000,000

    Price
  • 25

    Bed
  • 20

    Bath
  • 17,150

    SqFt

About the Listing HBHOMEPROF - HBADAMAD

THIS 20 UNIT MULTIPLEX APARTMENT BUILDING PRESENTS A PRIME INVESTMENT OPPORTUNITY, FEATURING 15 ONE-BEDROOM UNITS AND 5, TWO-BEDROOM UNITS. EACH TENANT PAYS THEIR OWN HYDRO, ADDING TO THE INVESTMENT APPEAL. THE BUILDING IS EQUIPPED WITH THERMAL WINDOWS AND IS CONVENIENTLY LOCATED WITHIN WALKING DISTANCE OF SCHOOLS, SHOPPING CENTERS, AND RESTAURANTS, CATERING TO ALL YOUR TENANTS' NEEDS. SITUATED IN A PRIME LOCATION, THIS THREE-STOREY WALK-UP OFFERS SUBSTANTIAL UPSIDE POTENTIAL WITH 12 VACANT UNITS READY FOR RENOVATION. THIS SOLID INVESTMENT PROPERTY ALLOWS FOR REPOSITIONING TO ACHIEVE MARKET RENTS. DON'T MISS OUT ON THIS RARE CHANCE TO MAXIMIZE CASH FLOW AND EQUITY GROWTH!

Listing Highlights for 295 Melvin Ave

Status Active
Days on Site 133
Property Type Multi-Family
MLS ® 40723183
Year Built
Total Square Footage 17,150
Lot/Acreage 70 x 245

Interior Details

  • Bedrooms: 25
  • Bathrooms: 20 Full
  • Appliances: Refrigerator, Stove, Intercom
  • Air Cond:
  • Heating: Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 17150
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Municipal

Exterior Details

  • Lot Description: City Lot,Place of Worship,Public Transit,Schools,Shopping Nearby
  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Lot Dimensions: 70 x 245
  • Zoning: E
  • Roof: Flat
  • Others:
  • Sewer: Sewer (Municipal)
  • Parking Features: Outside/Surface/Open

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 172880037
  • Tax Year: N/A

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Listing Location

Questions About..

295 Melvin Ave Hamilton, ON L8H 2K6

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Originating MLS: Cornerstone

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