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About the Listing HBEXPRLTYA - HBARZADBE
Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2,600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6.5% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside.
Listing Highlights for 47 Wellington St S
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2800
- Below Ground Sq Ft: n/a
- Basement: Separate Entrance,Walk-Up Access,Partial,Partially Finished
- Other:
- Water: Municipal
Exterior Details
- Lot Description: Rectangular,Hospital,Library,Park,Place of Worship,Public Transit,Schools
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 28 x 121.5
- Zoning: D5
- Roof: Asphalt Shing
- Others: Separate Hydro Meters
- Sewer: Sewer (Municipal)
- Parking Features: Private Drive Triple+ Wide
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 171770004
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
47 Wellington St S Hamilton, ON L8N 2P9
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