66 WELLINGTON STREET S, Hamilton (Corktown)
$1,499,000 · 9 Bed 9 Bath
About this property
Turn-Key 8+1 Multiplex units Prime Investment Opportunity! Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $151,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike. Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential. Property Highlights :Gross Annual Revenue: Approx. $151,000 Renovated Units: Modern finishes and upgrades throughout Excellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio. (id:66939)
Property details
- Price
- $1,499,000
- Bedrooms
- 9
- Bathrooms
- 9
- Parking
- 0
- Property type
- Multi-family
- Basement
- Finished, Separate entrance, N/A, N/A
- MLS® number
- X13774228
Location
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Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.