NEW! Buy and sell safely with virtual options - Learn More
About the Listing HBAGENCY - HBHOPELI,HBHAMZEMO
Located in a sought-after neighbourhood, this well-maintained 6-unit multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area with easy access to public transit. With a total annual rental income exceeding $114,000, this property boasts a strong return on investment and competitive Capitalization Rate of 6% (after vacancy). The solid brick building features two 1-bedroom apartments, three 2-bedroom apartments, and one 3-bedroom apartment-- each with functional layouts and durable finishes, ensuring long-term tenant satisfaction. Each unit enjoys spacious living areas, parking, ample natural light, coin-operated laundry, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2018 and new security system in 2019, provide stability and low maintenance, while the current rental income offers immediate cash flow. Don’t miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio.
Listing Highlights
Interior Details
- Bedrooms: 11
- Bathrooms: 6 Full
- Appliances: Refrigerator, Stove
- Air Cond:
- Heating: Baseboard,Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2600
- Below Ground Sq Ft: 1200
- Basement: Full,Partially Finished
- Other: Separate Hydro Meters
- Water: Municipal
Exterior Details
- Lot Description: City Lot,Highway Access,Hospital,Public Transit,School Bus Route,Shopping Nearby
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 50 x 135
- Zoning: E
- Roof: Asphalt Shing
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Outside/Surface/Open
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 170180027
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
253 Mohawk Rd E Hamilton, ON L9A 2H5
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
