• DESCRIPTION

    Fantastic Investment Opportunity!! Solid, Very Clean and Exceptionally Well Maintained Residential Apartment Building. Property Zoned for 22 Units - currently consists of 23 Units. 22 Units - 2Bedrm & 1 Unit - 3 Bedrm. Located on Hamilton Mountain in an Excellent Rental Area. Near Shopping, Schools, Public Transit and the LINC. Estimated Net Income = $178,000 . Over $500,000 in Renovations & Upgrades in 2013 including: Roof, Windows, Balconies, Siding, Brickwork Re-pointing, Washrooms, Plumbing and more. 23 Fridges, 23 Stoves & Coin Laundry Equipment Included. Fully Tenanted. Substantial UPSIDE POTENTIAL in 14 of the 23 Units. All measurements & square footage are approximate and to be verified by Buyer. All other information provided by Seller or Listing Brokerage to be Verified by Buyer. ALLOW 72 HRS. IRREVOCABLE ON ALL OFFERS. Include Schedule B & O.S.D. (Form 801) with all Offers. 48 HRS. NOTICE REQUIRED FOR ALL SHOWINGS. (id:5764)

    KEY DETAILS
    • Price:
    • $3,900,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 18,000
    • Acreage:
    • n/a
    • Listing #:
    • H4053940
    • Street Address:
    • 420 East 42nd Street
    • City:
    • Hamilton
    • State:
    • ON
    • Postal Code:
    • L8T 3A9
    • Listing Status:
    • For Sale - Active

    Building

    • Number Of Units:
    • 23
    • Stories:
    • 3
    • Style:
    • 3 Level, Multi-Unit
    • Total Building Square Footage:
    • 18000

    Land

    • Road Frontage:
    • 100 Ft

    Structures

    • Parking Spaces:
    • 24

    Systems

    • Heating Fuel:
    • Natural Gas
    • Sewage Type:
    • Municipal Sewage System

    Source

    • Listing provided by Corona Realty Inc.

      CREACOSENTINO
    REQUEST SHOWING
    NOTES

    No notes have been added for this home.

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