507 Wilson ST Active

Hamilton,ON L8L 1T4

$ 895000

6 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Subdivision Gibson

MLS Listing ID X12021210

Style 3-Storey

Bedrooms 6

Building Age 51-99

Annual Tax Amount $4,043

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 4-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. Suite Mix: 2 x 2-Bedroom Units, 2 x 1-Bedroom Units All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 3 of the 4 units feature private laundry for tenant convenience! Rent roll as such; Unit 1: $1,973/month + Hydro, Unit 2: $1,896/month + Hydro, Unit 3: $1,585/month (All-Inclusive), Unit 4: $1,430/month (All-Inclusive) A sought-after area attracting young professionals and long-term tenants! Buyer to conduct their own due diligence regarding zoning.

Location

Province ON

County Hamilton

Community Gibson

Area Hamilton

Rooms

Family Room No

Basement Full,Separate Entrance

Kitchen 4

Interior

Interior Features Water Heater,Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Front Yard Parking,Lane

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.25

Lot Depth 105.0

Total Parking Spaces 3

Building

Foundation Concrete Block

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