154-156 Freelton Road, Hamilton (Freelton), Ontario L8B0Z5

Listing courtesy of RE/MAX ESCARPMENT REALTY INC..

$1,550,000
13
BD
11
BA

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List Price
$1,550,000
MLS®
X13207934
Days on Market
59
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
13
Bathrooms
11
Lot Size Dimensions
66 x 252 FT
Subdivision
Freelton

Property Description

Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA. (id:5764)

Additional Information

Garage
Yes
Subdivision
Freelton
Parking Spaces
9
Cooling
Central air conditioning, Wall unit
Country
Canada
Sewer
Septic System
Heating
Forced air, Natural gas
Lot Features
Hillside, Hilly
Stories
2

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Calculator source: Real Geeks