18 Units in Hamilton

$4,500,000

Highlights

Units

18


Stories

3


Lot Size

7,642.37 sq. ft.


Cap Rate

3.5

Picture of listing property

This property consists of 18 residential units (1 x bach, 3 x 1 bdrm, 12 x 2 bdrm, 2 x 2 bdrm + den). All units have a full or partial balcony. Coin operated laundry in the building. Tenants pay hydro. Roof updated in 2017 and completed in 2019. Property has been featured in Murdoch Mysteries and brought in approximately 14K in additional income in 2019. There is a large upside potential on rents for 5 of the units for $500-600 each. Close to Main St. E., all amenities nearby. Across the street from Bishop’s Park.

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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchase.