For sale
$1,548,400
88 Tisdale Street South, Hamilton (Stinson), L8N2W2
- 9 Beds
- 4 Baths
- 2 Parking
- sqft
Home Overview
- Description
- Welcome to 88 Tisdale, an INVESTORS DREAM "Cash Flow Positive" LEGAL 4-PLEX" in Hamilton!! Purchased in 2022, the building has been completely gutted and fully renovated from top to bottom!! Most importantly, The building nets $140,000+ annually!!! (See Income/Cash Flow Sheet) Giving it a current cap rate of 7.5% Enjoy the income of an 8-plex with the minimal maintenance of 4 units! This 4-Plex has been designed professionally and legally re-built from the brick in. Everything is new: New roof, new windows, new eavestroughs, new plumbing, new HVAC, new furnaces, new A/C's, new decking, new fire escapes, spray-foam insulation, basement waterproofing, concrete, sump-pump, weeping tiles, custom kitchens, quartz countertops, luxury flooring, hardwood staircases & railings, maintenance free landscaping, and much, much more!! All work ompleted legally WITH PERMITS! Upper unit spans 2 floors, 1300 sq ft (2 bdrm 1 bath, with oversized large loft. Main unit is 2 bdrm 1 bath. Both units have in-suite laundry! Plus: 2 new executive studio suites below (Fitted for laundry). 2 parking spots on-site, leased parking spots available behind the house if needed. Hydro separately metered! This Smart Building is outfitted with security cameras, alarm system, lights, thermostats and door locks all controlled right from your phone. BONUS: free street parking located close by. Don't miss this turn-key, maintenance-free, investment opportunity...all the work has been done for you! Alternatively enjoy the large upper unit for yourself and rent the 3 other units and live mortgage free! Building can be sold furnished and vacant. B (id:39198)
19 days
Days
Multi-family
Property Type
$3,239 / Year
Est. Annual Taxes
Other
Style
-
Garage
Apartment in basement, Separate entrance, N/A
Basement
Location & area
- Additional media
- https://www.youtube.com/watch?v=yhh0-SzavKs
- Property taxes
- $3,239.00 per year / $269.92 per month
- Basement
- Apartment in basement, Separate entrance, N/A
- Year build
- -
- Type
- Multi-family
- Bedrooms
- 9
- Bathrooms
- 4
- Parking spots
- 2 Total
- Floor
- -
- Balcony
- -
- Pool
- -
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Forced air, Natural gas
- Fire place(s)
- -
Schools nearby
- Second level
- Kitchen
- 10’6” x 6’3”
- Living room
- 11’10” x 10’10”
- Mud room
- 8’10” x 6’11”
- Bedroom
- 8’6” x 9’10”
- Bedroom 2
- 6’11” x 12’2”
- Basement
- Bedroom
- 10’6” x 18’8”
- Bedroom
- 10’6” x 17’1”
- Third level
- Loft
- 32’2” x 22’4”
- Main level
- Bedroom
- 8’6” x 9’10”
- Bedroom 2
- 6’11” x 12’2”
- Kitchen
- 10’6” x 6’3”
- Living room
- 11’10” x 10’10”
- Lower level
- Mud room
- 8’10” x 6’11”
Listing Brokerage
- MLS® Listing
- X12317536
- Brokerage
- SUTTON GROUP INCENTIVE REALTY INC.
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