13 WESTINGHOUSE AVENUE, Hamilton, Ontario
$985,000
- 9 Beds
- 6 Baths
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. Financials available upon request. (id:23309)
- Listing ID: X10440794
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Robert Bumelis would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Robert Bumelis, who specializes in Hamilton real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Robert Bumelis find a property to match your lifestyle.
Listing provided by Keller Williams Signature Realty, Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 13 WESTINGHOUSE AVENUE in Hamilton Ontario. It was last modified on December 12th, 2024. Contact Robert Bumelis to schedule a viewing or to discover other Hamilton real estate for sale.