107-109 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B2

$2,899,000

MLS® # X10408730

Investment For Sale In Stipeley, Hamilton, Ontario

$2,899,000

Property Information:

5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Hot water radiator heat
  • Cooling Type: Partially air conditioned
  • Appliances: Dryer, Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 45.6 Feet
  • Lot Frontage: 90.0 Feet
  • Lot Size: Bldg=90 x 45.66 FT
  • Zoning: DE-2

Courtesy of: MYSAK REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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