154-156 Freelton Road, Hamilton, ON L8B 0Z5

$1,550,000
: 13
BD
: 11
BA

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List Price: $1,550,000
MLS#: X13207934
Status: ACTIVE
Type: Multifamily
SubType: Multiplex
Style: 2-Storey
Bedrooms: 13
Bathrooms: 11
Living Area: 5000 +
Province: ON
Municipality: Hamilton
Area: Hamilton
Neighborhood: Freelton
Subdivision: Freelton Rd & North Street

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Property Description

Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.

(416) 919-7107

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