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85 Wilson St 4 Unit Apartment Building $889,000 CAD ($222,250 CAD/Unit) 8.32% Cap Rate Hamilton, ON L8R 1C7

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INVESTMENT HIGHLIGHTS

  • Access to public transit
  • Natural light
  • Proximity to various amenities and Jackson Square

EXECUTIVE SUMMARY

Rare opportunity to own a 4-plex investment opportunity, great downtown location full of nearby amenities. Three one bedrooms and one two bedroom. It offers Terrazzo floors in the hallways and carpet on the stairs. Units are separately metered for hydro. Locker room and parking available. All units are updated and furnished to standard. Fire alarm and fire extinguisher in each floor hallways. Ideal for the starting Investor!!! Outstanding 4 plex . Nothing to do but collect rent, gross income of $84000 per year. Very secure building close to Jackson Square, walking distance to all amenities.

PROPERTY FACTS

Price $889,000 CAD
Price Per Unit $222,250 CAD
Sale Type Investment
Cap Rate 8.32%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.05 AC
Building Size 2,198 SF
No. Stories 2
Year Built 1880
Parking Ratio 0.45/1,000 SF
Zoning H

AMENITIES

SITE AMENITIES

  • Smoke Free
  • Storage Space
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (84)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31072665

  • Date on Market: 2024-02-28

  • Last Updated:

  • Address: 85 Wilson St, Hamilton, ON L8R 1C7

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