107 109 Balsam Avenue S, Hamilton

  • Added: 18 days ago
  • Updated: 4 days ago
  • Last Checked: 5 hours ago
5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units. (id:1945)
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Property DetailsKey information about 107 109 Balsam Avenue S

  • Cooling: Partially air conditioned
  • Heating: Hot water radiator heat
  • Structure Type: Multi-Family
  • Type: Apartment Building
  • Total Units: 16
  • Unit Breakdown: 1 Bedroom Units: 10, 2 Bedroom Units: 6
  • Cap Rate: 5.6%
  • Price Per Unit: $181k

Interior FeaturesDiscover the interior design and amenities

  • Appliances: Refrigerator, Stove, Dryer, Two Washers
  • Upgraded Plumbing: Copper (except for 2 units)
  • Vacant Units: 2

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 107 109 Balsam Avenue S

  • Water Source: Municipal water
  • Lot Size Dimensions: Bldg=90 x 45.66 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Main St E/Balsam Ave S
  • Street Dir Suffix: South
  • Proximity To Public Transportation: Close

Business & Leasing InformationCheck business and leasing options available at 107 109 Balsam Avenue S

  • Business Type: Residential
  • Income Potential: Room to grow with value add opportunity
  • Income Generation: Upside on all rents

Utilities & SystemsReview utilities and system installations

  • Hydro: Separately metered

Tax & Legal InformationGet tax and legal details applicable to 107 109 Balsam Avenue S

  • Tax Annual Amount: 35187
  • Zoning Description: DE-2

Additional FeaturesExplore extra features and benefits

  • Data Room And Full Financials: Available
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Nearby Listings Stat

Active listings
510
Min Price
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Max Price
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Avg Price
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Days on Market
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Sold listings
177
Min Sold Price
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Max Sold Price
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Avg Sold Price
$654,992
Days until Sold
48 days

Nearby Places

Name
Type
Address
Distance
Adelaide Hoodless Public School
Built in 1911, the school currently has 544 studen...
0.4 km
Brian Timmis Stadium
The stadium was built in 1968, and seated 5,000 pe...
0.7 km
Parkview Secondary School
School
60 Balsam Ave N
0.8 km
Parkview Secondary School
Parkview Secondary School had a 2009-2010 enrollme...
0.8 km
Ivor Wynne Stadium
The stadium was the home of the Hamilton Tiger-Cat...
0.8 km
Tim Hortons Field
The stadium is a Canadian football stadium that re...
0.8 km
Tim Hortons Field
Stadium
75 Balsam Ave N
0.8 km
St. Peter's Hospital (Hamilton)
Peter's Hospital is a 250-bed chronic care hospita...
1.2 km
Juravinski Hospital
It is located adjacent to the Juravinski Cancer Ce...
1.2 km
Juravinski Cancer Centre
Hospital
699 Concession St
1.3 km
Juravinski Cancer Centre
Operated by Hamilton Health Sciences, it is adjace...
1.3 km
Cathedral High School
School
30 Wentworth St N
1.6 km
More Details?
JOE MYSAK
  • JOE MYSAK
  • MYSAK REALTY INC.
  • 416-767-5500
  • WebSite

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