Prime Hamilton Centre Freehold Investment Opportunity is knocking with this fantastic 3-unit freehold investment property in the heart of Hamilton Centre on Mary Street! This turn-key property has been well-maintained with all major items completed. It features two occupied units and one vacant, rare 3-bedroom, 2-level unit, perfect for owner-occupancy or an additional rental opportunity. All units are to be vacant in the next few months. Property Highlights: low-maintenance property, easy for landlords to manage. Gross income of over $71,000. Unfinished basement with a separate entrance, potential to finish or add extra storage for units. New boiler (2019) Back roof replace (2021) New floors/paint unit 2- (2022) Front roof replaced (2023) New paint throughout unit 1/3 (2024) Fire order completed (2021 unit 2)Plumbing stack replace (2021) Cement work back/side of property (2023) Tuckpointing Bricks (2023) New fridge unit 2(2024) Plumbing fixtures replaced unit 2 (2024)Prime location walking distance to Hamilton General Hospital. Rental Income: Unit 1 $1,947/month, Unit 2 $1,550/month, Unit 3 Vacant was rented for $2500/month, (Move in or set your own rent!) A rare high-income property in a sought-after location, perfect for investors or those looking to live in one unit while generating rental income. **Dont miss out! Book your private viewing! *note: unit 3 is vacant and has been virtually staged (id:4069)
Address
214 MARY Street
List Price
$799,900
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
7
Bathrooms
3
Floor Area
2,863 Sq. Ft.
Lot Size
0.04 Sq. Ft.
Year Built
1899
MLS® Number
40754700
Listing Brokerage
RE/MAX Escarpment Realty Inc.
Basement Area
Full (Unfinished)
Postal Code
L8L4W1
Zoning
D/S-378
Site Influences
Hospital, Park, Public Transit, Shopping
