This 10-unit building includes 4 vacant units with one very large unit in position to be converted into two, presenting a clear value-add opportunity for investors. Notably, 7 of the units are separately metered, with tenants paying their own hydro, reducing operational expenses and enhancing cash flow. Exceptional investment opportunity in a prime Hamilton location! The property is situated close to all key amenities, including transit, shopping, and dining, making it highly appealing to potential tenants. A solid asset with substantial income growth potential in Hamilton's thriving rental market. |
Price | $1,800,000 |
Taxes: | $20310.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 17 Webber Ave , Hamilton, L8N 1W4, Ontario |
Postal Code: | L8N 1W4 |
Province/State: | Ontario |
Legal Description: | Lts 12, 13, 14 & 15, Pl 397; Pt Lts 5, 6 |
Directions/Cross Streets: | Victoria Ave S & Stinson St |
Category: | Apartment |
Use: | Apts-6 To 12 Units |
Building Percentage: | Y |
Total Area: | 9848.97 |
Total Area Code: | Sq Ft |
Approximatly Age: | 100+ |
Taxes Expense: | $20310 |
Insurance Expense: | $6667 |
Heat Expenses: | $8138 |
Other Expenses: | $6224 |
Year Expenses: | 2024 |
Expenses Actual/Estimated: | $Est |
Sprinklers: | N |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
MYSAK REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Stinson |
Approximate Age: | 100+ |
Tax: | $20,310 |