NewFor Sale

183-185 Mary Street
Hamilton, Hamilton, ON, L8L 4V9

Investment
TRREB
MLS® Number: X12227471
$1,050,000List Price
InvestmentProperty Type
4,590 sq ftSize
$5,122 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 183-185 Mary Street, Hamilton, ON L8L 4V9

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Description

Located close to Downtown core and Hamilton General Hospital, this 6 unit residential property has tremendous upside potential for an investor. Features 4 x 1 Bedroom units and 2 x 2 Bedroom units. Currently two units are vacant and another potential vacancy coming up. CAP Rate of 6.5%+ once vacant units are renovated and rented. Windows replaced in 2001. Roof was reshingled in 2018. Boiler replaced this year. Parking on side lane for 2 cars. Street parking is permitted. Handyman special! Renovate the property, achieve market rents, and capture the true upside. Do not go direct to property or speak with tenants or staff. Please allow at least 48 hours for showings at the property. Treat financing as clear. Vacant possession is not possible.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$5,122 / 2024
Listing #:X12227471
Property Type:Investment
Size:4,590 sq ft
Land Size:54 x 85
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:SKYVIEW REALTY LTD.

Rooms

Details

Property

Property Type:Investment
Community:Beasley
Municipality:Hamilton

Building

Size:4,590 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Hot Water
Utility Sewer:Sanitary+Storm

Land

Cross Street:Cannon St E & John St N

$1,050,000

List price

183-185 Mary Street, Hamilton – Investment for sale · MLS® # X12227471 | CPRB