$999,900

Investment For Sale In Stipeley, Hamilton, Ontario

$999,900

Property Information:

Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Don’t miss out—schedule your showing today!

Inclusions: Other

Building Features:

  • Floor Space: 2510 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1917
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 2616.55 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 86.29 Feet
  • Lot Features: Rectangular, Hospital, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
  • Lot Frontage: 32.00 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: C
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Rock Star Real Estate Inc.

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