66 Wellington Street S

Hamilton (Corktown), ON L8N2R1

About this property

Exceptional opportunity to acquire a fully tenanted 8+1 multiplex in Hamilton's desirable Corktown neighbourhood, generating approximately $151,000 in annual gross rental income.This substantial three-storey income property has undergone extensive renovations and offers updated units with modern finishes, providing investors with a low-maintenance and income-producing addition to their portfolio. Tenant amenities include private balconies and patios, on-site laundry, separate unit entrances and a finished basement.Situated on a deep 36.6 134.5 ft lot in a high-demand central location, the property is just minutes from downtown Hamilton, the Hamilton GO Centre, major transit routes, shopping, restaurants and everyday amenities.With strong existing rental income, full occupancy, recent capital improvements and excellent long-term potential, this is an outstanding opportunity for both experienced and first-time multifamily investors.Financial information and supporting documents are available to qualified buyers. A minimum of 24 hours' notice is required for all showings. (id:13843)

About this property

Exceptional opportunity to acquire a fully tenanted 8+1 multiplex in Hamilton's desirable Corktown neighbourhood, generating approximately $151,000 in annual gross rental income.This substantial three-storey income property has undergone extensive renovations and offers updated units with modern finishes, providing investors with a low-maintenance and income-producing addition to their portfolio. Tenant amenities include private balconies and patios, on-site laundry, separate unit entrances and a finished basement.Situated on a deep 36.6 134.5 ft lot in a high-demand central location, the property is just minutes from downtown Hamilton, the Hamilton GO Centre, major transit routes, shopping, restaurants and everyday amenities.With strong existing rental income, full occupancy, recent capital improvements and excellent long-term potential, this is an outstanding opportunity for both experienced and first-time multifamily investors.Financial information and supporting documents are available to qualified buyers. A minimum of 24 hours' notice is required for all showings. (id:13843)

Features and Additional Information

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$1,489,900 Active
3,500 sqft

Presented By Preferred Management

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License #RECO #4036190
Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
1-905-338-9000
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Area Information

| County |

$ 1,489,900
This listing is play_arrow 29.7% higher than the average in the area
$ 1,149,000 in the area
3,500 SqFt
This listing is play_arrow 0.3% smaller than the average in the area
3,511 SqFt in the area
$ 426 $/SqFt
This listing is play_arrow 30.1% more than the average in the area
$ 327 $/SqFt in the area
17 days on site
This listing is play_arrow 75.0% below the average in the area
68 days on site in the area

Schools in the Area

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Listed By SANAD NABUT
Brokerage: RE/MAX ABOUTOWNE REALTY CORP.

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