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348 Upper Ottawa St 4 Unit Apartment Building $1,480,000 CAD ($370,000 CAD/Unit) 2.58% Cap Rate Hamilton, ON L8T 3S7
Investment Highlights
- With its prime location and diverse range of units
- With an interior staircase connecting its units
- conveniently situated near the scenic Mountain Brow and many amenities.
- Zoned as residential and institutional, allowing extremely varied usage.
Executive Summary
Residents can enjoy the convenience of on-site laundry facilities and on-site parking spaces, ensuring a stress-free living experience.
Property Facts
| Price | $1,480,000 CAD | Building Class | C |
| Price Per Unit | $370,000 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 3,000 SF |
| Cap Rate | 2.58% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1957 |
| Property Type | Multifamily | Parking Ratio | 2/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | G - Zoned for residential and institutional, allowing for daycare, dentist, doctor's office, etc. | ||
| Price | $1,480,000 CAD |
| Price Per Unit | $370,000 CAD |
| Sale Type | Investment |
| Cap Rate | 2.58% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 2/1,000 SF |
| Zoning | G - Zoned for residential and institutional, allowing for daycare, dentist, doctor's office, etc. |
Amenities
- Smoke Detector
Unit Amenities
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 3 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
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348 Upper Ottawa St
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