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$1,899,900
Available - For Sale
Listing ID: X12181430
Welcome to an exceptional opportunity to acquire a well-maintained 12-unit multi-residential building in one of Hamilton Mountains most desirable neighbourhoods. This rare investment gem features 11 spacious one-bedroom units and 1 bachelor unit, ideal for the strong rental demand in a highly sought-after area. Proudly owned and meticulously cared for by the same family for over 60 years, this property reflects pride of ownership and long-term stability. Investors will appreciate the buildings consistent cash flow, low vacancy rate, and strong rentability, supported by the areas proximity to transit, shopping, schools, healthcare facilities, and major commuter routes. Highlights: 12 total units . Well-maintained structure and systems with decades of attentive ownership. Excellent location on the Hamilton Mountain known for its safety, amenities, and strong tenant demand. Upside potential in rental income with gradual tenant turnover. Ample parking and on-site laundry for added tenant appeal. Fully tenanted with room to grow revenue over time. Whether you're a seasoned investor or looking to expand your portfolio with a reliable and appreciating asset, this building offers long-term value, stable income, and future growth potential. Properties like this don't come to market often seize this chance to invest in one of Hamilton's strongest residential rental corridors.
Price $1,899,900
Taxes: $23,422
Tax Type: Annual
Occupancy by: Tenant
Address: 1284 Fennell Aven East , Hamilton, L8T 1T5, Hamilton
Postal Code: L8T 1T5
Province/State: Hamilton
Directions/Cross Streets: Upper Ottawa
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 5,550
Total Area Code:  Square Feet
Approximatly Age: 51-99
Maintenance: 0
Heat Type: Radiant
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.

1284 Fennell Aven East , Hamilton, L8T 1T5, Hamilton


 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Huntington
Style:
Lot Size: x 150.00(Feet)
Approximate Age: 51-99
Tax: $23,422
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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