$1,450,000

Investment For Sale In Durand, Hamilton, Ontario

$1,450,000

Property Information:

Amazing multi family property in downtown Hamilton steps to the core and surrounded by new development projects. This Victorian Mansion still keeps its charm and character while being a great investment for your portfolio. All units have separate hydro meters and there is shared coin op laundry in the basement. Main floor is a very large one bedroom that is currently being used as 2 bedrooms. The 2nd floor is a spacious 3 bedroom unit with a living room. 3rd floor is a well maintained 2 bedroom unit with a long term tenant. Basement is a great size 2 bedroom unit. All units except the 3rd floor will be vacant on closing. This gives the new buyer a chance to add value to the building and pick their own tenants. Great location for tenants with Go Train station a short walk, St Joe's hospital not far away, and James St S & Augusta with all the newest best restaurants in town. Properties like this don't come to the market often. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Architectural Style: Multi-Unit
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fire Protection: Fire alarm system
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Features: Laundry- Coin operated
  • Irregular: Yes
  • Lot Depth: 75.0 Feet
  • Lot Frontage: 40.0 Feet
  • Lot Size: 40 x 75
  • Sewer: Municipal sewage system
  • Parking Type: Interlocked, No Garage
  • No. of Parking Spaces: 2

Courtesy of: Royal LePage Burloak Real Estate Services

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