$1,050,000
Est. payment /mo
4,590 SqFt
New
183-185 Mary ST Hamilton, ON L8L 4V9
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,590 sqft
Price per Sqft $228
Subdivision Beasley
MLS Listing ID X12227471
Annual Tax Amount $5,122
Tax Year 2024
Property Sub-Type Investment
Property Description
Located close to Downtown core and Hamilton General Hospital, this 6 unit residential property has tremendous upside potential for an investor. Features 4 x 1 Bedroom units and 2 x 2 Bedroom units. Currently two units are vacant and another potential vacancy coming up. CAP Rate of 6.5%+ once vacant units are renovated and rented. Windows replaced in 2001. Roof was reshingled in 2018. Boiler replaced this year. Parking on side lane for 2 cars. Street parking is permitted. Handyman special! Renovate the property, achieve market rents, and capture the true upside. Do not go direct to property or speak with tenants or staff. Please allow at least 48 hours for showings at the property. Treat financing as clear. Vacant possession is not possible.
Location
Province ON
County Hamilton
Community Beasley
Area Hamilton
Zoning Multiplex
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 54.0
Lot Depth 85.0
Listed by SKYVIEW REALTY LTD.