bed
0bathProperty type
Investment
Lot size
N/A
Style
Approx. Area
N/A
Rarely offered purpose-built legal 8-Unit investment property on a premium corner lot in the highly sought-after Red Hill area of Hamilton !! The building boasts a fantastic suite mix of 8 condo Townhomes: 4 x 2 Bedroom Townhouses & 4 x 3 Bedroom Townhouses ranging from 835 Sq.Ft. to 1035 Sq.Ft. Full Basements, Fully rented with upwards income potential!! Addresses: 89,91,93,95,97,99 & 101 on Mount Albion & 2 Cherry Hill Ave. Tenants Pay All Utilities. Separate Utility Meters. This turnkey 8-Unit Building has been well cared for with a new Roof in 2016, Windows done in 2010, All Furnaces are new & high efficiency, new Parking Lot. 12 Parking and 2 Garages. Rental Water Heaters. Gross Income of $ 220,000 with potential to rise in future. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. Don' t miss this exceptional investment opportunity with strong cash flow and long-term upside.
Last updated
Feb 19
Virtual tour
None
Basement information
Building size
0.544
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
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