214 MARY Street, Hamilton, L8L4W1

Home Overview

Description

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. **Dont miss out! Book your private viewing! *note: unit 3 is vacant and has been virtually staged (id:39198)

31 days

On Market

Multi-family

Property Type

$4,163 / Year

Est. Annual Taxes

Triplex

Style

-

Garage

Unfinished, Full

Basement

Location & Areas