For sale
$1,699,000
66 Wellington Street South, Hamilton (Corktown), L8N2R1
- 9 Beds
- 9 Baths
- 0 Parking
- sqft
Home Overview
- Description
- Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughout Excellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio. (id:39198)
15 days
Days
Multi-family
Property Type
$6,301 / Year
Est. Annual Taxes
Other
Style
-
Garage
Finished, Separate entrance, N/A
Basement
Location & area
- Additional media
- -
- Property taxes
- $6,301.00 per year / $525.08 per month
- Basement
- Finished, Separate entrance, N/A
- Year build
- -
- Type
- Multi-family
- Bedrooms
- 9
- Bathrooms
- 9
- Parking spots
- Total
- Floor
- -
- Balcony
- -
- Pool
- -
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Baseboard heaters, Electric
- Fire place(s)
- -
Schools nearby
Listing Brokerage
- MLS® Listing
- X12323034
- Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
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