214 Mary Street Hamilton, Ontario L8L 4W1

7 Bedroom 3 Bathroom 2,863 ft2

$849,900

Prime Hamilton Centre Freehold Investment – Opportunity is knocking with this fantastic 3-unit freehold investment property in the heart of Hamilton Centre on Mary Street! This turn-key property has been well-maintained with all major items completed. It features two occupied units and one vacant, rare 3-bedroom, 2-level unit, perfect for owner-occupancy or an additional rental opportunity. All units are to be vacant in the next few months. Property Highlights: low-maintenance property, easy for landlords to manage. Gross income of over $71,000. Unfinished basement with a separate entrance, potential to finish or add extra storage for units. New boiler (2019) Back roof replace (2021) New floors/paint unit 2- (2022) Front roof replaced (2023) New paint throughout unit 1/3 (2024) Fire order completed (2021 unit 2)Plumbing stack replace (2021) Cement work back/side of property (2023) Tuckpointing Bricks (2023) New fridge unit 2(2024) Plumbing fixtures replaced unit 2 (2024)Prime location– walking distance to Hamilton General Hospital. Rental Income: Unit 1– $1,947/month, Unit 2– $1,550/month, Unit 3– Vacant was rented for $2500/month, (Move in or set your own rent!) A rare high-income property in a sought-after location, perfect for investors or those looking to live in one unit while generating rental income. **Don’t miss out! Book your private viewing! *unit 3 has been virtually staged (id:50886)

Property Details

MLS® Number 40744429
Property Type Multi-family
Amenities Near By Hospital, Park, Public Transit, Shopping
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 7
Appliances Window Coverings
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1899
Exterior Finish Brick, Vinyl Siding
Fire Protection Security System
Foundation Type Stone
Stories Total 3
Size Interior 2,863 Ft2
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 71 Ft
Size Frontage 25 Ft
Size Irregular 0.04
Size Total 0.04 Ac|under 1/2 Acre
Size Total Text 0.04 Ac|under 1/2 Acre
Zoning Description D/s-378

https://www.realtor.ca/real-estate/28513243/214-mary-street-hamilton

Contact Us

Contact us for more information

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Michael Jakobczak
Salesperson

(647) 465-6453
(905) 575-7217

RE/MAX Escarpment Realty Inc.
1595 Upper James St Unit 4b
Hamilton, Ontario L9B 0H7

(905) 575-5478
(905) 575-7217

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