$985,000
Available - For Sale
Listing ID: X10440794
13 Westinghouse Ave , Hamilton, L8L 6E4, Ontario
| 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. |
| Price | $985,000 |
| Taxes: | $4727.00 |
| Assessment: | $332000 |
| Assessment Year: | 2024 |
| Address: | 13 Westinghouse Ave , Hamilton, L8L 6E4, Ontario |
| Lot Size: | 25.58 x 102.22 (Feet) |
| Directions/Cross Streets: | Westinghouse / Barton St E |
| Rooms: | 22 |
| Bedrooms: | 9 |
| Bedrooms +: | |
| Kitchens: | 6 |
| Family Room: | N |
| Basement: | None |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Available |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Hospital, Park, Public Transit |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Wall Unit |
| Laundry Level: | Main |
| Sewers: | Sewers |
| Water: | Municipal |
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| KELLER WILLIAMS SIGNATURE REALTY |
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Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Gibson |
| Style: | 3-Storey |
| Lot Size: | 25.58 x 102.22(Feet) |
| Approximate Age: | 100+ |
| Tax: | $4,727 |
| Beds: | 9 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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