13 WESTINGHOUSE Avenue Hamilton

13 WESTINGHOUSE Avenue, Hamilton, Ontario

$985,000

  • 9 Beds
  • 6 Baths
  • 2,084 Square Feet

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters. Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood. (id:23309)

  • Listing ID: 40679839
  • Property Type: Multi-family
  • Year Built: 1915

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Details

  • Amenities Nearby: Hospital, Park, Public Transit, Shopping
  • Features: Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 4
  • Transaction: For sale
  • Zoning Description: M6

Building

  • BasementType: None
  • Constructed Date: 1915
  • Constructed Material: Wood frame
  • Cooling: Ductless
  • Exterior Finish: Brick Veneer, Wood
  • Fireplace Present: False
  • Bathrooms (Total): 6
  • Heating: Forced air, Heat Pump
  • Heating Fuel: Natural gas
  • Size Interior: 2084 sqft
  • Stories Total: 3
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Hospital, Park, Public Transit, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 26 ft
MLS®

Listing provided by Keller Williams Signature Realty, Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 13 WESTINGHOUSE Avenue in Hamilton Ontario. It was last modified on November 21st, 2024. Contact Riley Foss to schedule a viewing or to discover other Hamilton real estate for sale.

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