Message Number414800
statusActive
Subject LineStipley, Hamilton, 13 Unit Residential Investment, $2,999,000 7,728 sq ft on 75x140 Ft Lot. **NEW IMPROVED PRICE** Many Updates, Turn Key. Do not miss out!
Business area
Canada
Ontario
Southwestern Ontario
Hamilton
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingApril 26 2023
Type DescriptionMulti Residential
LocationHamilton
Price$2,999,000.00
Building area7728
Comments**NEW IMPROVED PRICE AT $2,999,000**

FANTASTIC TURN KEY INVESTMENT OPPORTUNITY
- Full Address is 781 and 785 Main St E., Hamilton (Main St E & Sherman Ave S)
- Fabulous 2 building investment with 13 units.
- Renovations within last 15 years include windows, doors, kitchens, baths, flooring, electrical panels & plumbing.
- Electric gated parking with 15 spots.
- Front entranceway also gated.
- Each building has their own card laundry & lockers.
- Rooftop solar system brings in extra money.
- Video surveillance system.
- Local property management in place.
- 781 Has 1 hot water tank rental. 785 has 5 hot water tanks owned and 1 rental. 2 Washers & 2 dryers rented. 12 fridges, 12 stoves, gas boiler updated in 781. 785 has electric heat.
- Building & units are in great condition and easy to rent.
- 1st Mortgage of apx $1,500,000 at 2.0% for 2 more yrs to be assumed on qualifying.
- Turn key & ready to go. Great opportunity!
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Member Identifier43
ControlMLS
NameJohn Procenko, BMath, SRES, CCIM
TitleBroker
Company NameCentury 21 Leading Edge Realty Inc., Brokerage
Address Line One165 Main St. North
CityMarkham
State/ProvinceOntario
Zip/Postal CodeL3P 1Y2
CountryCanada
Business Phone Number(905)471-2121
Cell Number416-464-9909
FAX Number(905)471-0832
Email AddressSend Email
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