7 Beds 9 Bath

66 Wellington Street S, Hamilton, ON L8N 2R1

Hamilton L8N 2R1 Ontario

MLS: X12323034

$1,699,000

Added 35 days ago | For Sale

Listed by: RE/MAX ABOUTOWNE REALTY CORP.

About Property

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 $161,000. 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. $161,000 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.

Features

  • House Style:Multiplex
  • Bathrooms:9
  • Land Size: 36.58 X 134.5
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Main St E/ Wellington St S
  • Basement:Finished,Separate Entrance , Finished,Separate Entrance
  • Possession Date:
  • Annual Property taxes: $6301
  • Bedrooms:7 +2
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12323034

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