Turn-Key 4-Plex Investment Opportunity in Prime Downtown Location. Rare opportunity to own a fully tenanted and updated 4-unit multiplex in the heart of downtown, just steps from Jackson Square and within walking distance to all major amenities.This well-maintained building features three 1-bedroom units and one 2-bedroom unit, each separately metered for hydro, offering strong income and minimal overhead. With a gross annual income of $84,000, this is the perfect property for first-time or seasoned investors looking for reliable cash flow. Property Highlights:Unit Mix: 3 x 1-Bedroom, 1 x 2-Bedroom Gross Income: $84,000 per year Condition: All units updated and furnished to standard. Features: Terrazzo floors in hallways, carpeted stairs Fire Safety: Fire alarms and extinguishers on each hallway level . Very secure building This is a hands-off, income-generating property in a high-demand area nothing to do but collect rent. Ideal for investors seeking stability and strong rental demand in a growing urban market. |
Price | $899,900 |
Taxes: | $4500.00 |
Occupancy: | Tenant |
Address: | 85 Wilson Stre , Hamilton, L8R 1C7, Hamilton |
Acreage: | < .50 |
Directions/Cross Streets: | WILSON ST & CATHARINE ST |
Rooms: | 16 |
Bedrooms: | 5 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Full, Finished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Lower |
Washroom Type 2 | 4 | Main |
Washroom Type 3 | 4 | Second |
Washroom Type 4 | 4 | Third |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Fourplex |
Style: | Other |
Exterior: | Brick, Stone |
Garage Type: | None |
(Parking/)Drive: | Lane |
Drive Parking Spaces: | 3 |
Park #1 | |
Parking Type: | Lane |
Park #2 | |
Parking Type: | Lane |
Pool: | None |
Approximatly Square Footage: | 2000-2500 |
Property Features: | Hospital, Place Of Worship |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ABOUTOWNE REALTY CORP. |
|
Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Beasley |
Style: | Other |
Tax: | $4,500 |
Beds: | 5 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |