3 Bedroom
4,220 sqft
Radiant Heat
$1,099,000
Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4,220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an as is, where is basis. (id:56248)
Property Details
|
MLS® Number
|
40864875 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Strathcona |
|
Amenities Near By
|
Park |
|
Features
|
Crushed Stone Driveway, Laundry- Coin Operated |
|
Parking Space Total
|
5 |
Building
|
Bedrooms Total
|
3 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Partial (unfinished) |
|
Exterior Finish
|
Aluminum Siding, Brick Veneer |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
3 |
|
Size Interior
|
4,220 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
82 Ft |
|
Size Frontage
|
54 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
D |
https://www.realtor.ca/real-estate/30303104/74-locke-street-n-hamilton