74 LOCKE Street North, Hamilton, Ontario L8R3A5

Listing courtesy of RE/MAX Escarpment Realty Inc..

$1,099,000
3
BD
4,220
SqFt

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List Price
$1,099,000
MLS®
40864875
Days on Market
0
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
3
Living Area
4,220
Subdivision
101 - Strathcona Central North

Property Description

Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4,220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an as is, where is basis. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
101 - Strathcona Central North
Parking Spaces
5
Country
Canada
Sewer
Municipal sewage system
Heating
Radiant heat, Natural gas
Lot Features
Crushed stone driveway, Laundry- Coin operated
Total Number Of Units
2
Stories
3

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Calculator source: Real Geeks