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. **note unit 3 is vacant and has been virtually staged. |
Price | $849,900 |
Taxes: | $4311.75 |
Assessment Year: | 2025 |
Occupancy: | Tenant |
Address: | 214 Mary Stre , Hamilton, L8L 4W1, Hamilton |
Directions/Cross Streets: | Robert Street |
Rooms: | 14 |
Bedrooms: | 7 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Separate Ent, Unfinished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 13.81 | 16.56 | |
Room 2 | Main | Primary B | 13.84 | 13.84 | |
Room 3 | Main | Bathroom | 8.66 | 6.59 | 4 Pc Bath |
Room 4 | Main | Dining Ro | 15.45 | 15.32 | |
Room 5 | Main | Kitchen | 12.27 | 10.79 | |
Room 6 | Main | Bedroom 2 | 12.27 | 9.71 | |
Room 7 | Second | Bathroom | 8.4 | 6.53 | 3 Pc Bath |
Room 8 | Second | Bedroom | 12.17 | 9.15 | |
Room 9 | Second | Bedroom 2 | 8.99 | 10.76 | |
Room 10 | Second | Kitchen | 12.27 | 6.53 | |
Room 11 | Second | Bedroom | 13.58 | 12.82 | |
Room 12 | Second | Primary B | 20.63 | 14.46 | |
Room 13 | Third | Family Ro | 20.63 | 16.89 | |
Room 14 | Third | Kitchen | 14.86 | 15.38 | |
Room 15 | Third | Bathroom | 6.99 | 11.94 | 3 Pc Bath |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 3 | Second |
Washroom Type 3 | 3 | Third |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Main |
Washroom Type 7 | 3 | Second |
Washroom Type 8 | 3 | Third |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Triplex |
Style: | 2 1/2 Storey |
Exterior: | Brick, Vinyl Siding |
Garage Type: | None |
Drive Parking Spaces: | 0 |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 2500-3000 |
Property Features: | Hospital, Public Transit |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Radiant |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Cable: | Y |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ESCARPMENT REALTY INC. |
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Type: | Freehold - Triplex |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Beasley |
Style: | 2 1/2 Storey |
Approximate Age: | 100+ |
Tax: | $4,311.75 |
Beds: | 7 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |