Exceptional investment opportunity at 42 Ray St S, Hamilton for the discerning investor - a fully-permitted triplex featuring two 2-bedroom, 2-storey units and one 3-bedroom, 2-storey unit, each thoughtfully designed and professionally renovated in 2023. All major systems upgraded: new HVAC (with separate NEST thermostats), spray foam insulation, LED lighting, separate hydro, gas & water meters, and new 2" water service. Extra soundproofing between and within units. High-quality finishes throughout, including new solid red oak staircases, quartz countertops, custom kitchens & baths, Moen fixtures, and upgraded appliances (6 per unit). Tenants enjoy high ceilings, abundant natural light, private Bell high-speed WiFi, keypad locks, and parking for 5 (plus a detached garage!). EV charging-ready, exterior cameras, and professionally managed for peace of mind. Utility capacity also supports a future ADU if desired. This is a rare, turn-key multi-family asset in a desirable, central Hamilton location. Fully tenanted at market rents with A+++ tenants. Perfect for investors seeking a premium, low-maintenance property with strong rental appeal and modern amenities. (id:61852)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X12316862 |
Property Type | Multi-family |
Neigbourhood | Strathcona |
Community Name | Strathcona |
ParkingSpaceTotal | 6 |
BathroomTotal | 6 |
Age | 100+ Years |
Appliances | Dishwasher, Dryer, Microwave, Washer |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 3011 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 127 Ft ,9 In |
SizeFrontage | 34 Ft ,3 In |
SizeIrregular | 34.25 X 127.78 Ft |
SizeTotalText | 34.25 X 127.78 Ft |
ZoningDescription | E |
https://www.realtor.ca/real-estate/28673870/42-ray-street-s-hamilton-strathcona-strathcona
Contact us for more information
Timothy Wai Ming Hong
Salesperson