66 Wellington Street S, Hamilton, ON L8N 2R1

$1,499,000
9
BD
9
BA
3,500
SqFt

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List Price
$1,499,000
MLS#
X13587910
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
3-Storey
Bedrooms
9
Bathrooms
9
Living Area
3500-5000
Province
ON
Municipality
Hamilton
Area
Hamilton
Neighborhood
Corktown
Subdivision
Main St E/ Wellington St S

Property Description

Turn-Key 9-Unit Multiplex Prime Investment Opportunity! Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $151,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike. Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential. Property Highlights :Gross Annual Revenue: Approx. $151,000 Renovated Units: Modern finishes and upgrades throughout Excellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio.

Additional Information

Taxes
$6,300
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit(s)
Rooms
18
Kitchens
9
Exterior
Brick
Garage Type
None
Pool
None
Parking Type
Other

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP..