50
See all 50 photos
$1,489,900
Est. payment /mo
9 Beds
9 Baths
New
66 WELLINGTON STREET S Hamilton, ON L8N2R1
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Subdivision Corktown
MLS® Listing ID X13880250
Bedrooms 9
Property 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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling Wall unit
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by RE/MAX ABOUTOWNE REALTY CORP.
NEARBY SCHOOL & BUSINESS
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