1 / 1474 LOCKE Street N
Hamilton, Ontario, L8R3A5
$1,099,000
Bedrooms
3
Bathrooms
0
Living area
4,220 square feet
Parking
5
About this property
Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4,220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an as is, where is basis. (id:66779)
Details
- Sewer
- Municipal sewage system
- Heating
- Radiant heat, Natural gas
- List aor
- Cornerstone
- Stories
- 3
- Basement
- Unfinished, Partial
- Fireplace
- No
- Lot features
- Crushed stone driveway, Laundry- Coin operated
- Water source
- Municipal water
- Parking features
- Open
- Tax annual amount
- 17,532
- Exterior features
- Aluminum siding, Brick Veneer
- Zoning description
- D
- Above grade finished area
- 4,220
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