Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughoutExcellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio. (id:61852)
MLS® Number | X12221204 |
Property Type | Multi-family |
Neigbourhood | Corktown |
Community Name | Corktown |
BathroomTotal | 9 |
BedroomsAboveGround | 7 |
BedroomsBelowGround | 2 |
BedroomsTotal | 9 |
Age | 51 To 99 Years |
BasementDevelopment | Finished |
BasementFeatures | Separate Entrance |
BasementType | N/a (finished) |
CoolingType | Wall Unit |
ExteriorFinish | Brick |
FoundationType | Brick |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
StoriesTotal | 3 |
SizeInterior | 3500 - 5000 Sqft |
Type | Other |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 134 Ft ,6 In |
SizeFrontage | 36 Ft ,7 In |
SizeIrregular | 36.6 X 134.5 Ft |
SizeTotalText | 36.6 X 134.5 Ft|under 1/2 Acre |
https://www.realtor.ca/real-estate/28469980/66-wellington-street-s-hamilton-corktown-corktown
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