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$2,899,000
Status: For Sale
Stunning 16 unit apartment building. 5.1% cap rate with upside on all rents.10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this add value opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Priced to sell. Data room and full financials available.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40653553 |
| Listing Type | :Sale |
| Property Age | :100+ Years years |
| Possession Date | : |
| Last Updated | :12 Oct, 2024 (12 Days ago) |
| Source | :Hamilton - Burlington |
| Price | : $2,899,000 |
|---|---|
| Property Taxes | :$35187 |
| Tax Year | :2024 |
|---|
| Bedrooms | :0 + |
|---|---|
| Air Conditioning | :Wall Unit(s) |
| Heating | :Natural Gas |
| Place of Worship | :No |
| Bathrooms | :0 |
|---|---|
| Approx Square Footage | :4000 sqft |
| Parking Space | :0 |
|---|---|
| Basement | :Partial |
| Garage | :0 |
|---|
30 Sep, 2024
TREB #40653553
Listed
$2899000
