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1284 Fennell Avenue Image 1

$2,199,999

May 29Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12181430

1284 Fennell Avenue, Hamilton, ON L8T 1T5

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Average Price
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

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About 1284 Fennell Avenue

Welcome to an exceptional opportunity to acquire a well-maintained 12-unit multi-residential building in one of Hamilton Mountains most desirable neighbourhoods. This rare investment gem features 11 spacious one-bedroom units and 1 bachelor unit, ideal for the strong rental demand in a highly sought-after area. Proudly owned and meticulously cared for by the same family for over 60 years, this property reflects pride of ownership and long-term stability. Investors will appreciate the buildings consistent cash flow, low vacancy rate, and strong rentability, supported by the areas proximity to transit, shopping, schools, healthcare facilities, and major commuter routes. Highlights: 12 total units . Well-maintained structure and systems with decades of attentive ownership. Excellent location on the Hamilton Mountain known for its safety, amenities, and strong tenant demand. Upside potential in rental income with gradual tenant turnover. Ample parking and on-site laundry for added tenant appeal. Fully tenanted with room to grow revenue over time. Whether you're a seasoned investor or looking to expand your portfolio with a reliable and appreciating asset, this building offers long-term value, stable income, and future growth potential. Properties like this don't come to market often seize this chance to invest in one of Hamilton's strongest residential rental corridors.

Home Overview

Last updated

May 29

Virtual tour

None

Basement information

Building size

5550

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX ESCARPMENT REALTY INC.

Additional Details

Basement:N/A
Cooling:No
Heating:Radiant
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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