LOADING

107-109 Balsam Avenue S Hamilton, Ontario L8M 3B2

Partially Air Conditioned Hot Water Radiator Heat

$2,899,000

5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units. (id:50886)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X10408730
Property Type Multi-family
Community Name Central

Building

Appliances Dryer, Refrigerator, Stove, Two Washers
CoolingType Partially Air Conditioned
HeatingType Hot Water Radiator Heat
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 45 Ft ,7 In
SizeFrontage 90 Ft
SizeIrregular Bldg=90 X 45.66 Ft
SizeTotalText Bldg=90 X 45.66 Ft
ZoningDescription De-2

https://www.realtor.ca/real-estate/27619738/107-109-balsam-avenue-s-hamilton-central-central

Interested?

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Joe Mysak
Broker of Record


Mysak Realty Inc.
2358-A Bloor Street West
Toronto, Ontario M6S 1P3

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