13 Westinghouse Avenue, Hamilton
- Bedrooms: 9
- Bathrooms: 6
- Living area: 2084 square feet
- Added: 4 days ago
- Updated: 2 days ago
- Last Checked: 10 hours ago
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:1945)
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Nearby Listings Stat
Active listings
2
Min Price
$985,000
Max Price
$2,499,995
Avg Price
$1,742,498
Days on Market
5 days
Sold listings
2
Min Sold Price
$850,000
Max Sold Price
$925,000
Avg Sold Price
$887,500
Days until Sold
30 days
