216 Wentworth Street N
Hamilton, ONTARIO L8L 5V8

$1,150,000

Description

This FULLY RENOVATED 6 plex is perfect for the turnkey investor who wants little to zero capital expenses. Sit back and enjoy the maximized rental income. Hamilton cap rates are moving downward! As cap rates decrease values increase. A great opportunity for the right investor. All 2 bedroom apartments with tenants paying hydro. Gross rents of $81,960. Current cap rate of 5.4. All new kitchens, all renovated bathrooms, flooring throughout, Natural Gas Boiler, Updated wiring and plumbing. Windows and Roof (Aprx 2002). In-house coin laundry plus much more! Up and coming neighbourhood near the Hamilton Waterfront Revitalization Area. Walkscore of 85/100 Close to Hamilton General Hospital and Ron Joyce Childrens Health Centre. Walk to restaurants, schools, and parks. RSA

Details

MLS#H4048473
Sub-TypeResale
StatusActive
Days On Site89

Features

SQ Feet5,038
Units6
Building(s)1

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Area Information

ProvinceOntario
CountyHamilton
CityHamilton
Postal CodeL8L 5V8
AreaHamilton
Listing VS Median (in L8L 5V8)
Price:
$1,150,000
low | high
Med:
$1,150,000
50% of Average
SqFt:
5,038
low | high
Med:
5,038
50% of Average
$ / SqFt:
$228
low | high
Med:
$228
50% of Average
On Site:
89
low | high
Med:
89
100% of Average
Listing Updated: 06/15/2019
MLS Number: H4048473
Listing Provided By:
Cam McCarroll  of  Keller Williams Complete Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.