Brick facade building featuring multiple large windows and a central arched window Features: curbs, entry steps, grill, brick siding, stoop, shingle roof More Photos

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    For Sale - 81 Hamilton Street, Hamilton, Ontario

    Est payment $14,401/mo
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    Views   4
    Time on Jump  85 day

    AI Summary *

    • Exceptional 6-plex investment opportunity with strong cash flow.
    • Each unit features spacious 2 bedrooms and in-suite laundry.
    • Current income impressive with potential for increased rental revenue.
    • Parking available for up to 10 vehicles with expansion potential.
    • Low operating expenses as tenants cover utilities and services.




    Welcome to this exceptional investment opportunity in the heart of waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential. Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of waterdown's most desirable locations. Zoned c5 mixed use medium density this property offers a variety of commerical, retail, and residential future uses.
    Listing IDX13579458
    Address81 Hamilton Street
    CityHamilton, Ontario
    Price$2,999,000
    Bed / Bath12 / 12 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneAmenities Public Transit, Place Of Worship, Park, Rec./Commun.Centre, SchoolOwnership FreeholdAppliances Ramped EntranceBasement Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-OutFoundation Poured ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 10.00
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    Listing Brokerage: Royal LePage Real Estate Services Ltd., Brokerage

    * 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
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    Place of Worship
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    81 Hamilton Street
    Hamilton , Ontario
    12 12 $2,999,000
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