28
See all 28 photos
$2,199,999
Est. payment /mo
5,550 SqFt
Active
1284 Fennell AVE E Hamilton, ON L8T 1T5
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,550 sqft
Price per Sqft $396
Subdivision Huntington
MLS Listing ID X12181430
Building Age 51-99
Annual Tax Amount $23,422
Tax Year 2024
Property Sub-Type Investment
Property Description
Welcome to an exceptional opportunity to acquire a well-maintained 12-unit multi-residential building in one of Hamilton Mountains most desirable neighbourhoods. This rare investment gem features 11 spacious one-bedroom units and 1 bachelor unit, ideal for the strong rental demand in a highly sought-after area. Proudly owned and meticulously cared for by the same family for over 60 years, this property reflects pride of ownership and long-term stability. Investors will appreciate the buildings consistent cash flow, low vacancy rate, and strong rentability, supported by the areas proximity to transit, shopping, schools, healthcare facilities, and major commuter routes. Highlights: 12 total units . Well-maintained structure and systems with decades of attentive ownership. Excellent location on the Hamilton Mountain known for its safety, amenities, and strong tenant demand. Upside potential in rental income with gradual tenant turnover. Ample parking and on-site laundry for added tenant appeal. Fully tenanted with room to grow revenue over time. Whether you're a seasoned investor or looking to expand your portfolio with a reliable and appreciating asset, this building offers long-term value, stable income, and future growth potential. Properties like this don't come to market often seize this chance to invest in one of Hamilton's strongest residential rental corridors.
Location
Province ON
County Hamilton
Community Huntington
Area Hamilton
Zoning E
Interior
Cooling No
Inclusions 12 fridges and 12 stoves as is
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
Others
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