81 Hamilton Street N, Hamilton (waterdown), Ontario

$2,999,000

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12

Beds

12

Baths

About 81 Hamilton Street N

Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses. (id:36535)

Features of 81 Hamilton Street N

Listing # X13579458
Price $2,999,000
Bedrooms 12
Bathrooms 12.00
Half Baths 2
Acres 0.00
Type Multi-family

Community Information

Address 81 Hamilton Street N
Subdivision Waterdown
City Hamilton (waterdown)
Province Ontario
Postal Code L0R2H0

Amenities

Amenities Public Transit, Place of Worship, Park, Schools
Parking Spaces 10
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter
Heating Electric Baseboard heaters, Heat Pump
Cooling Wall unit
Fireplace No
# of Stories 2
Has Basement Yes
Basement Features Separate entrance, Walk out
Basement Type Full, N/A, N/A (Finished)
Basement Development Finished

Exterior

Exterior Brick
Lot Description 75 x 123 FT|under 1/2 acre
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Royal LePage Real Estate Services Ltd., Brokerage

Listing Map