Description

Price : $1,750,000.00 MLS^® : X12221204 / 66 Wellington Street S, Hamilton, ON L8N 2R1

Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughoutExcellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio.

Location Description

Main St E/ Wellington St S

Property Details

• Community: Corktown
• Property Type: Tenant/Residential Freehold
• Bedrooms: 9
• Bath: 9
• Garages: None
• Annual Property Taxes : $ 6301

Building Features

• Foundation Type: Brick
• Counstruction Material : Brick
• Total Parking Space : 0
• Parking Type : None

Features

• Heating : BaseboardElectric
• Sewer : Sewer ,

Land (Lot Features)

• Frontage: 36.58 sq.ft
• Land Depth: 134.5sq.ft

Listing Contracted With: RE/MAX ABOUTOWNE REALTY CORP.