Located in one of the most sought-after neighbourhoods, this well-maintained 6-unit multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area. With a total annual rental income exceeding $90,000, this property boasts a strong return on investment. The solid brick building features two 1-bedroom apartments and four 2-bedroom apartments, each designed with functional layouts, durable finishes, ensuring long-term tenant satisfaction. 50% of the apartments have been renovated! Each unit enjoys spacious living areas, ample natural light, 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 2015 and new security system in 2020, provide stability and low maintenance, while the current rental income offers immediate cash flow potential. Dont miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio. (id:56069)
| MLS® Number | X11933561 |
| Property Type | Multi-family |
| Neigbourhood | Hill Park |
| Community Name | Hill Park |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit |
| Community Features | School Bus |
| Parking Space Total | 6 |
| Basement Development | Partially Finished |
| Basement Type | N/a (partially Finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Block, Concrete |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 135 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 135 Ft |
| Size Total Text | 50 X 135 Ft|under 1/2 Acre |
https://www.realtor.ca/real-estate/27825644/261-mohawk-road-e-hamilton-hill-park-hill-park
Contact us for more information
Isabel Pinheiro
Broker
(519) 623-6090
www.theagencyre.com/
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