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$1,700,000
Status: For Sale
Prime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40688522 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :09 Jan, 2025 (9 Hours ago) |
| Source | :Hamilton - Burlington |
| Price | : $1,700,000 |
|---|---|
| Property Taxes | :$16476 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Other |
|---|---|
| Heating | :Natural Gas |
| Place of Worship | :No |
| Bathrooms | :0 |
|---|---|
| Approx Square Footage | :2580 sqft |
08 Jan, 2025
TREB #40688522
Listed
$1700000
