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13 WESTINGHOUSE Avenue
Hamilton Ontario L8L6E4 Canada

$985,000

Active Listing ID 40679839
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9 bed
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2,084 square feet
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6.00 Bath
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Multi-family

$985,000

Active Listing ID 40679839
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13 WESTINGHOUSE Avenue 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Ductless
  • Exterior Finish: Wood, Brick Veneer
  • Heating Systems: Heat Pump, Forced air, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/22/2024 2:21:09 PM GMT
Source Updated Date: 11/22/2024 10:09:03 PM GMT

Courtesy of: Jake Novis, Salesperson, Keller Williams Signature Realty, Brokerage