74 Locke Street N, Hamilton, ON L8R 3A5

Listing courtesy of RE/MAX ESCARPMENT REALTY INC..

$1,099,000
8
BD
8
BA
3,500
SqFt

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List Price
$1,099,000
MLS®
X13824728
Days on Market
11
Status
ACTIVE
Type
Multifamily
Subtype
Multiplex
Bedrooms
8
Bathrooms
8
Living Area
3,500
Subdivision
Locke St N

Property Description

Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4,220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an "as is, where is" basis.

Additional Information

Subdivision
Locke St N
Parking Spaces
5
Sewer
Sewer
Roof
Asphalt Rolled, Asphalt Shingle

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Calculator source: Real Geeks