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$ 1,049,000
Est. payment /mo
Price Dropped by $50K
74 LOCKE STREET N Hamilton, ON L8R3A5
8 Beds
8 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Subdivision Strathcona
MLS® Listing ID X13824728
Bedrooms 8
Property Description
Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4,220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an "as is, where is" basis. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX ESCARPMENT REALTY INC.
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