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 $6,692/mo
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    Views   1
    Time on Jump  18 day

    AI Summary *

    • High-demand neighborhood with consistent rental income over $113,000 annually.
    • Solid brick construction with six well-maintained, functional rental units.
    • Spacious living areas in all units with ample natural light.
    • Conveniently located near public transport, shopping, and dining options.
    • Low maintenance with recent updates like a new roof and security system.




    Located in one of the most sought-after neighbourhoods, this well-maintained 6-unit multiplex 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
    Hospital
    Parks
    Schools
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    Please select an amenity above to view a list.

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