13 Westinghouse Avenue , Hamilton, ON L8L 6E4
Hamilton, ON L8L 6E4
Description
Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters. Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood.
Details
| Mls | 40679839 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 10 |
| Listing Provided By | Keller Williams Signature Realty, Brokerage | Jake Novis |
Features
| Beds | 9 |
|---|---|
| Baths | 6 |
| Sq Feet | 2,084 |
| Storys | 3 |
| Units | 6 |
| Zoning | M6 |
Request A Showing
Request A Showing
Contact
Learn More About This Property
| State | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Zip Code | L8L 6E4 |
| Area | 20 Hamilton Centre |
| Subarea | 200 Gibson | Stipley |
| Community Name | 200 Gibson/Stipley |
| Listing VS Median (in 200 Gibson/Stipley) | |
Price: $985,000 low | high Med: $549,950 SqFt: 2,084 low | high Med: 1,195 $ / SqFt: $473 low | high Med: $460 On Site: 10 low | high Med: 47.500000 | |