214 Mary Street Hamilton, Ontario L8L 4W1
$849,900
Prime Hamilton Centre Freehold Investment – Opportunity is knocking with this fantastic 3-unit freehold investment property in the heart of Hamilton Centre on Mary Street! This turn-key property has been well-maintained with all major items completed. It features two occupied units and one vacant, rare 3-bedroom, 2-level unit, perfect for owner-occupancy or an additional rental opportunity. All units are to be vacant in the next few months. Property Highlights: low-maintenance property, easy for landlords to manage. Gross income of over $71,000. Unfinished basement with a separate entrance, potential to finish or add extra storage for units. New boiler (2019) Back roof replace (2021) New floors/paint unit 2- (2022) Front roof replaced (2023) New paint throughout unit 1/3 (2024) Fire order completed (2021 unit 2)Plumbing stack replace (2021) Cement work back/side of property (2023) Tuckpointing Bricks (2023) New fridge unit 2(2024) Plumbing fixtures replaced unit 2 (2024)Prime location– walking distance to Hamilton General Hospital. Rental Income: Unit 1– $1,947/month, Unit 2– $1,550/month, Unit 3– Vacant was rented for $2500/month, (Move in or set your own rent!) A rare high-income property in a sought-after location, perfect for investors or those looking to live in one unit while generating rental income. **Don’t miss out! Book your private viewing! *unit 3 has been virtually staged (id:52486)
Property Details
MLS® Number | 40744429 |
Property Type | Multi-family |
AmenitiesNearBy | Hospital, Park, Public Transit, Shopping |
EquipmentType | Water Heater |
RentalEquipmentType | Water Heater |
Building
BathroomTotal | 3 |
BedroomsTotal | 7 |
Appliances | Window Coverings |
BasementDevelopment | Unfinished |
BasementType | Full (unfinished) |
ConstructedDate | 1899 |
ExteriorFinish | Brick, Vinyl Siding |
FireProtection | Security System |
FoundationType | Stone |
StoriesTotal | 3 |
SizeInterior | 2863 Sqft |
Type | Triplex |
UtilityWater | Municipal Water |
Land
Acreage | No |
LandAmenities | Hospital, Park, Public Transit, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 71 Ft |
SizeFrontage | 25 Ft |
SizeIrregular | 0.04 |
SizeTotal | 0.04 Ac|under 1/2 Acre |
SizeTotalText | 0.04 Ac|under 1/2 Acre |
ZoningDescription | D/s-378 |
https://www.realtor.ca/real-estate/28513243/214-mary-street-hamilton
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Contact us for more information
Michael Jakobczak
Salesperson
1595 Upper James St Unit 4b
Hamilton, Ontario L9B 0H7