89 Mount Albion Road , Hamilton, ON L8K 6C4
Hamilton, ON L8K 6C4
Description
Rarely offered purpose-built legal 8-Unit investment property on a premium corner lot in the highly sought-after Red Hill area of Hamilton !! The building boasts a fantastic suite mix of 8 condo Townhomes: 4 x 2 Bedrooms & 4 x 3 Bedrooms ranging from 835 Sq.Ft. to 1035 Sq.Ft. Full Basements, Fully rented with upwards income potential!! Addresses: 89,91,93,95,97,99 & 101 on Mount Albion & 2 Cherry Hill Ave. Tenants Pay All Utilities. Separate Utility Meters. This turnkey 8-Unit Building has been well cared for with a new Roof in 2016, Windows done in 2010, All Furnaces are new & high efficiency, new Parking Lot. 12 Parking and 2 Garages. Rental Water Heaters. Gross Income of $ 220,000 with potential to rise in future. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. Don' t miss this exceptional investment opportunity with strong cash flow and long-term upside.
Details
| MLS# | X11903308 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 23 |
| Listing Provided By | HOMELIFE SIGNATURE REALTY | Not Provided |
Features
| SQ Feet | 23,696 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Zip Code | L8K 6C4 |
| Area | Red Hill |
| Listing VS Median (in L8K 6C4) | |
Price: $4,700,000 low | high Med: $4,700,000 SqFt: 23,696 low | high Med: 23,696 $ / SqFt: $198 low | high Med: $198 On Site: 23 low | high Med: 23.000000 | |