rear view of house with a balcony, brick siding, and stairs Features: fence, balcony More Photos

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    For Sale - 253 MOHAWK Road, Hamilton, Ontario

    Est payment $6,483/mo
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    Views   1
    Time on Jump  75 day

    AI Summary *

    • Located in a highly sought-after neighborhood for strong investment potential.
    • Consistent annual rental income exceeding $113,000 for solid cash flow.
    • Diverse unit mix with functional layouts for long-term tenant satisfaction.
    • Close to public transportation, shopping, and dining amenities.
    • Recent updates provide stability and low maintenance for investors.




    Located in one of the most sought-after neighbourhoods, this well-maintained fourplex offers a prime opportunity for investors looking for consistent income in a high-demand area. With a total annual rental income exceeding $113,000, this property boasts a strong return on investment and competitive capitalization rate of 6%. The solid brick building features two 1-bedroom apartments, three 2-bedroom apartments, and one 3-bedroom apartment-each with functional layouts and durable finishes, ensuring long-term tenant satisfaction. Each unit enjoys spacious living areas, parking, ample natural light, coin-operated laundry, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2018 and new security system in 2019, provide stability and low maintenance, while the current rental income offers immediate cash flow. Don't miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio.
    Listing IDX12700592
    Address253 MOHAWK Road
    CityHamilton, Ontario
    Price$1,350,000
    Bed / Bath9 / 6 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water Heater OwnedAmenities Hospital, Public Transit, School Bus RouteOwnership FreeholdBasement Apartment, FullFoundation Brick, Concrete BlockHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 6.00
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    Listing Agency:  RE/MAX ESCARPMENT LEADEX REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
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    Place of Worship
    Please select an amenity above to view a list.

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    Loading...
    253 Mohawk Road
    Hamilton , Ontario
    9 6 $1,350,000
    Get more info