Solid 7-unit investment opportunity in Hamilton’s desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one bachelor suite, with the six larger units offering excellent potential to be converted into two-bedroom layouts. Strong in-place income supported by a stable tenant base, reflecting a 5.8% cap rate based on current income and expenses, with additional upside through unit reconfiguration. Separate hydro meters, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear lot. Six units offer spacious private balconies with rear fire escape access. Landscaped front yard and well-maintained common areas. Located in a high-demand rental pocket close to downtown, transit, hospitals, and everyday amenities. Ideal for investors seeking stable income today with clear value-add potential. (id:40227)
| MLS® Number | 40803671 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | High Traffic Area, Community Centre |
| Features | Cul-de-sac, Paved Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 8 |
| BathroomTotal | 7 |
| BedroomsTotal | 6 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructedDate | 1910 |
| CoolingType | None |
| ExteriorFinish | Other, Stone, Stucco |
| FoundationType | Stone |
| HeatingType | Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 4800 Sqft |
| UtilityWater | Municipal Water |
| Open |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 121 Ft |
| SizeFrontage | 52 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | E |
https://www.realtor.ca/real-estate/29341751/25-west-avenue-s-hamilton
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