7 Bedroom
5 Bathroom
3,256 ft2
Central Air Conditioning
Forced Air
$1,499,000
Rare & lucrative investment opportunity in Hamiltonās prestigious Durand neighbourhood! This character-filled legal 4-plex, built in 1875, delivers strong cash flow with $91,896 in annual rental incomeāa solid addition to any investor's portfolio. Set on a charming tree-lined street, the property features 4-car rear parking, re-built parapet walls and chimney, and an upgraded 3/4 copper water lineāa significant infrastructure improvement. Each unit showcases its own unique charm, attracting quality tenants and ensuring consistent demand. Unbeatable location within walking distance to Locke St S, James St S, Hess Village, St. Josephās Hospital, downtown Hamilton, public transit, parks, and schools. This is a high-demand rental area with excellent long-term appreciation potential. Turnkey income, prime location, and timeless architectureāan investment that truly checks all the boxes. (id:60626)
Property Details
|
MLS® Number
|
40755925 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Durand |
|
Amenities Near By
|
Hospital, Place Of Worship, Public Transit, Schools, Shopping |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Total
|
7 |
|
Basement Type
|
None |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
3,256 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Place Of Worship, Public Transit, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
95 Ft |
|
Size Frontage
|
39 Ft |
|
Size Irregular
|
0.09 |
|
Size Total
|
0.09 Ac|under 1/2 Acre |
|
Size Total Text
|
0.09 Ac|under 1/2 Acre |
|
Zoning Description
|
De-3 |