Stucco exterior property featuring multiple entry points and a brown shingle roof Features: downspout, fence, outdoor structure, balcony, electric meter, shingle roof, entry steps, stoop, curbs, gutters, stairs, lawn, shed, stucco siding More Photos

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    For Sale - 54 Frederick Avenue, Hamilton, Ontario

    Est payment $3,841/mo
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    Views   3
    Time on Jump  58 day

    AI Summary *

    • Legal triplex with strong rental income potential and future growth opportunities.
    • Three self-contained units with private entrances for tenant convenience.
    • Spacious main floor unit with three bedrooms and a den option.
    • Excellent location near transit, shopping, schools, and downtown amenities.
    • Potential to add a fourth unit for even more income opportunities.




    Unique legal triplex with future growth potential! Looking to add a solid income property to your portfolio? Seller financing available* cap rate of 4. 99% when fully rented. This legal triplex offers three self-contained, above-grade units with private entrances and the potential to add a fourth unit (accessory dwelling unit), subject to city approvals and setback requirements. The spacious main floor unit features three bedrooms plus a den that could easily serve as a fourth bedroom, along with a full kitchen and bright living room-perfect for an owner-occupier or premium rental income. A second separate one-bedroom apartment on the main floor offers a functional layout with its own kitchen and living room, while the upper-level one-bedroom suite includes a separate den/home office, kitchen, living room and 3-piece bath. Common shared laundry. Two of the units are vacant, providing an excellent opportunity to set market rents or live in one unit while generating rental income from the others. Walking distance to ottawa st, close to downtown hamilton, transit, shopping, schools, hospitals and major commuter routes, this property offers immediate income today with excellent upside potential for tomorrow. Whether you're a seasoned investor or buying your first income property, this is an opportunity worth exploring.
    Listing IDX13614794
    Address54 Frederick Avenue
    CityHamilton, Ontario
    Price$799,900
    Bed / Bath6 / 3 Full
    Style2-Storey, Triplex
    ConstructionStucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet Free, Water HeaterAmenities Public Transit, Place Of Worship, SchoolOwnership FreeholdBasement UnfinishedFoundation OtherHeating / Cooling RadiantHeating Fuel OtherSewer Sewer

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    Listing Agency:  EXP 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.

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    54 Frederick Avenue
    Hamilton , Ontario
    6 3 $799,900
    Get more info