LOADING

164 Wentworth Street S Hamilton, Ontario L8N 2Z2

6 Bedroom 4 Bathroom 2000 - 2500 sqft
None Radiant Heat

$799,000

Currently generating a strong 6.2% cap rate, this well-cared-for legal triplex is ideal for investors and owner-occupiers seeking turn-key income. Strong cashflow with easy potential to convert to a legal fourplex and further increase income. Reliable tenants. With all units above ground, this property has great character, natural light, green outdoor spaces, and ample parking in both front and rear. Main floor is a large 3-bedroom unit with basement, private fenced backyard, and shed. 2nd floor has a 1-bedroom unit with spacious kitchen and 2-bedroom unit with open-concept kitchen. Unit 2 & 3 share an additional semi-private backyard. All units have en-suite washer/dryers. Three hydro meters. Additional outdoor staircase to 2nd floor. INCOME & EXPANSION POTENTIAL - Unit 1 offers potential to be split into 2 separate units, with current layout with minimal changes and zoning (R1a) that allows up to four units. Additional income potential: basement with existing separate entrance, large attic with high ceilings. Prime family neighborhood, steps to the Escarpment Rail Trail (part of Bruce Trail) and stairs to Mountain. Excellent transit options: Wentworth/Stinson/Main Street buses, Hamilton GO Station, easy access to Mountain & highways, direct bus route to McMaster University. Close to schools, grocery stores, hospitals, restaurants, cafes. Strong rental demand, especially with grad students and medical professionals. Financial info and recent capital upgrades available upon request. (id:61852)

Property Details

MLS® Number X12517638
Property Type Multi-family
Neigbourhood Stinson
Community Name Stinson
ParkingSpaceTotal 6

Building

BathroomTotal 4
BedroomsAboveGround 6
BedroomsTotal 6
Appliances Water Heater
BasementDevelopment Unfinished
BasementFeatures Separate Entrance
BasementType N/a, N/a (unfinished)
CoolingType None
ExteriorFinish Brick
FlooringType Hardwood
FoundationType Block
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Carport
No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 110 Ft
SizeFrontage 40 Ft
SizeIrregular 40 X 110 Ft
SizeTotalText 40 X 110 Ft

Rooms

Level Type Dimensions
Second Level Living Room 4.88 m x 3 m
Second Level Kitchen 3.52 m x 3.61 m
Second Level Bedroom 4.01 m x 2.49 m
Second Level Living Room Measurements not available
Second Level Kitchen Measurements not available
Second Level Primary Bedroom Measurements not available
Second Level Bedroom 2 Measurements not available
Main Level Kitchen Measurements not available
Main Level Living Room Measurements not available
Main Level Bedroom Measurements not available

https://www.realtor.ca/real-estate/29076090/164-wentworth-street-s-hamilton-stinson-stinson

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Zhana Jurevich
Salesperson


Sutton Group-Admiral Realty Inc.
1206 Centre Street
Thornhill, Ontario L4J 3M9

Aleksandra Jurevich
Salesperson


Sutton Group-Admiral Realty Inc.
1206 Centre Street
Thornhill, Ontario L4J 3M9

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