$869,000
Available - For Sale
Listing ID: X12550502
85 Wilson Street , Hamilton, L8R 1C7, Hamilton
| Turn-Key 4-Plex Investment Opportunity in Prime Downtown Location. Rare opportunity to own a fully tenanted and updated 4-unit multiplex in the heart of downtown, just steps from Jackson Square and within walking distance to all major amenities.This well-maintained building features three 1-bedroom units and one 2-bedroom unit, each separately metered for hydro, offering strong income and minimal overhead. With a gross annual income of $84,000, this is the perfect property for first-time or seasoned investors looking for reliable cash flow. Property Highlights:Unit Mix: 3 x 1-Bedroom, 1 x 2-Bedroom Gross Income: $84,000 per year Condition: All units updated and furnished to standard. Features: Terrazzo floors in hallways, carpeted stairs Fire Safety: Fire alarms and extinguishers on each hallway level . Very secure building This is a hands-off, income-generating property in a high-demand area nothing to do but collect rent. Ideal for investors seeking stability and strong rental demand in a growing urban market. |
| Price | $869,000 |
| Taxes: | $4500.00 |
| Occupancy: | Tenant |
| Address: | 85 Wilson Street , Hamilton, L8R 1C7, Hamilton |
| Acreage: | < .50 |
| Directions/Cross Streets: | WILSON ST & CATHARINE ST |
| Rooms: | 16 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Lower |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 4 | Third |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Lower |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 4 | Second |
| Washroom Type 9 | 4 | Third |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Lower |
| Washroom Type 12 | 4 | Main |
| Washroom Type 13 | 4 | Second |
| Washroom Type 14 | 4 | Third |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | Other |
| Exterior: | Brick, Stone |
| Garage Type: | None |
| (Parking/)Drive: | Lane |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Lane |
| Park #2 | |
| Parking Type: | Lane |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Hospital, Place Of Worship |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ABOUTOWNE REALTY CORP. |
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Bus:
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Beasley |
| Style: | Other |
| Tax: | $4,500 |
| Beds: | 5 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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