13 WESTINGHOUSE Ave

Hamilton | Gibson | L8L 6E4
  • 3100.0 sqft
  • 0 gar

$875,000

Est. Mtg $2,966 /mo
  • Days on market

    32

  • Status

    A

Listing Broker Keller Williams Signature Realty, Brokerage
Since listed: 1 views

Home details

MLS #:

X11997322

Property type:
Investment
Style:
Taxes:
$4,727
Possession:
Flexible
Condo Fee:
Lot Size:
25.58 X 102.22
Zoning:
M6
Use:
Heat:
Gas Forced Air Closd

Description


13 WESTINGHOUSE Ave, , Hamilton, Ontario is a Investment property in Hamilton and in the Gibson community in the L8L 6E4 postal code


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. Appraised for $975k in Aug 2024. Financials available upon request..

Extras

.



Payment calculator

$3360 monthly. In association with: TD Bank
%
  • Principal and Interest
    2966 /mo
  • Property Taxes
    $393 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Amadore Zhao, Realtor

Similar properties you may like