66 Wellington Street S,Hamilton (Corktown), ON L8N2R1
Hamilton (Corktown), ON L8N2R1
Description
Exceptional opportunity to acquire a fully tenanted 8+1 multiplex in Hamilton's desirable Corktown neighbourhood, generating approximately $151,000 in annual gross rental income.This substantial three-storey income property has undergone extensive renovations and offers updated units with modern finishes, providing investors with a low-maintenance and income-producing addition to their portfolio. Tenant amenities include private balconies and patios, on-site laundry, separate unit entrances and a finished basement.Situated on a deep 36.6 134.5 ft lot in a high-demand central location, the property is just minutes from downtown Hamilton, the Hamilton GO Centre, major transit routes, shopping, restaurants and everyday amenities.With strong existing rental income, full occupancy, recent capital improvements and excellent long-term potential, this is an outstanding opportunity for both experienced and first-time multifamily investors.Financial information and supporting documents are available to qualified buyers. A minimum of 24 hours' notice is required for all showings. (id:13843)
Details
| MLS # | X13880250 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 16 |
| Listing Provided By | RE/MAX ABOUTOWNE REALTY CORP. | SANAD NABUT |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 3 |
Interior
| Cooling | Wall unit |
|---|---|
| Heating | Baseboard heaters, Electric |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Brick |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 0 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 7000 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Corktown) |
| Postal Code | L8N2R1 |
| Listing VS Median (in L8N2R1) | |
Price: $1,489,900 low | high Med: $1,149,000 sqft: 3,500 low | high Med: 3,511 $ / sqft: $426 low | high Med: $327 On site: 16 low | high Med: 67 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Corktown) |
| Postal Code | L8N2R1 |
| Listing VS Median (in L8N2R1) | |
Price: $1,489,900 low | high Med: $1,149,000 sqft: 3,500 low | high Med: 3,511 $ / sqft: $426 low | high Med: $327 On site: 16 low | high Med: 67 | |
