66 Wellington Street S Hamilton, Ontario L8N 2R1
$1,750,000
Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughoutExcellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio. (id:50886)
Property Details
MLS® Number | X12221204 |
Property Type | Multi-family |
Community Name | Corktown |
Building
Bathroom Total | 9 |
Bedrooms Above Ground | 7 |
Bedrooms Below Ground | 2 |
Bedrooms Total | 9 |
Age | 51 To 99 Years |
Basement Development | Finished |
Basement Features | Separate Entrance |
Basement Type | N/a (finished) |
Cooling Type | Wall Unit |
Exterior Finish | Brick |
Foundation Type | Brick |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 3 |
Size Interior | 3,500 - 5,000 Ft2 |
Type | Other |
Utility Water | Municipal Water |
Parking
No Garage |
Land
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 134 Ft ,6 In |
Size Frontage | 36 Ft ,7 In |
Size Irregular | 36.6 X 134.5 Ft |
Size Total Text | 36.6 X 134.5 Ft|under 1/2 Acre |
https://www.realtor.ca/real-estate/28469980/66-wellington-street-s-hamilton-corktown-corktown
Contact Us
Contact us for more information
Sanad Nabut
Salesperson
1235 North Service Rd W #100d
Oakville, Ontario L6M 3G5
(905) 338-9000