$869,000

Investment For Sale In Beasley, Hamilton, Ontario

$869,000

Property Information:

Turn-Key 4-Plex Investment Opportunity in Prime Downtown Location. Rare opportunity to own a fully tenanted and updated 4-unit multiplex in the heart of downtown, just steps from Jackson Square and within walking distance to all major amenities.This well-maintained building features three 1-bedroom units and one 2-bedroom unit, each separately metered for hydro, offering strong income and minimal overhead. With a gross annual income of $84,000, this is the perfect property for first-time or seasoned investors looking for reliable cash flow. Property Highlights:Unit Mix: 3 x 1-Bedroom, 1 x 2-Bedroom Gross Income: $84,000 per year Condition: All units updated and furnished to standard. Features: Terrazzo floors in hallways, carpeted stairs Fire Safety: Fire alarms and extinguishers on each hallway level . Very secure building This is a hands-off, income-generating property in a high-demand area nothing to do but collect rent. Ideal for investors seeking stability and strong rental demand in a growing urban market. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick, Stone
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Public Transit, Schools
  • Community Features: School Bus
  • Features: Lane
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 60.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33 x 60 FT
  • Zoning: H
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX ABOUTOWNE REALTY CORP.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.