11
See all 11 photos
$1,699,000
Est. payment /mo
10 BD
6 BA
3,371 SqFt
Active
261 MOHAWK Road E Hamilton, ON L9A2H5
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,371 sqft
Price per Sqft $504
Subdivision 176 - Hill Park
MLS® Listing ID 40691654
Bedrooms 10
Originating Board Cornerstone - Hamilton-Burlington
Property Description
Located in one of the most sought-after neighbourhoods, this well-maintained 6-unit multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area. With a total annual rental income exceeding $90,000, this property boasts a strong return on investment. The solid brick building features two 1-bedroom apartments and four 2-bedroom apartments, each designed with functional layouts, durable finishes, ensuring long-term tenant satisfaction. 50% of the apartments have been renovated! Each unit enjoys spacious living areas, ample natural light, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2015 and new security system in 2020, provide stability and low maintenance, while the current rental income offers immediate cash flow. Don't miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio. (id:24570)
Location
Province ON
Interior
Heating Radiant heat
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by The Agency