$1,200,000

Investment For Sale In Landsdale, Hamilton, Ontario

$1,200,000

Property Information:

Turn-Key 4-Unit Investment Property in a Prime, Established Neighbourhood. Well-maintained and fully functional fourplex ideally located near schools, public transit, and shopping amenities. The property features five separate hydro meters, four individual furnaces, and four hot water heaters, offering independent utility setups for each unit. Units 1, 2, and 4 are currently leased; Unit 3 is vacant and offers an estimated rental income of $1,495/month, presenting an excellent opportunity for owner-occupancy or immediate leasing. Situated on a good sized lot with three parking space, 2 of which are in the garage. The property also includes a walk-up basement with a shared laundry area and additional space. Ideal for investors seeking reliable cash flow in a high-demand rental area. Interior photos are for vacant unit #3 ONLY.

Inclusions: None,Unit #1, 2 And 3 Have Fridge And Stove. Unit #4 Has Fridge, Stove, Built-In Microwave And Dishwasher. Washer/Dryer

Exclusions : All Tenant Belongings

Building Features:

  • Floor Space: 2922 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Partially Finished
  • Built in: 1907
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Lane/Alley Parking
  • Floor Space (approx): 2922 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Shared
  • Lot Depth: 97 Feet
  • Lot Features: City Lot, Park, Place of Worship, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 36.00 Feet
  • Parking Features: Detached Garage
  • Road Frontage Type: Public Road
  • Roof: Shingle
  • Water Source: None
  • Zoning: D
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Sutton Group Summit Realty Inc.

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