$1,049,900

Investment For Sale In Landsdale, Hamilton, Ontario

$1,049,900

Property Information:

Welcome to 262 Robert Street! This meticulously updated, LEGAL 4-unit building offers 4 beautifully finished 1BR apartments, making it an excellent and rare investment opportunity. Located one block from the General Hospital and conveniently located downtown, it provides easy access to nearby amenities, shops, and restaurants. With a solid 6.41% cap rate, this property is further enhanced by recent major capital improvements, including a new roof (2024) and furnace (2024), as well as all new windows and doors (2021) and AC units (2021). Live in one unit while the other three cover your mortgage and expenses. Don’t miss this chance to own a well-maintained, income-generating property in a prime location! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 2500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Features: Paved driveway
  • Floor Space (approx): 2500 Square Feet
  • Lot Depth: 91 Feet
  • Lot Frontage: 25 Feet
  • Zoning: R1a
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 2

Courtesy of: Right at Home Realty

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.