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$1,295,000
Available - For Sale
Listing ID: X9362871
Opportunity knocks once on this turnkey triplex that investor dreams are made of. Welcome to the pinnacle of luxury multi-residential real estate with unbeatable returns on your investment. This spectacular property has been professionally designed, permitted and renovated from top to bottom and inside out. Situated in the highly desirable St. Clair neighbourhood on a quiet dead-end street, 184 Burris is perfectly located in between the amenities of downtown Hamilton to the west and the famous Gage Park to the east. Fully occupied with A+ tenants paying market rents, the building is loaded with features and amenities. Each of the 3 self-contained units enjoys their own parking, separate entrances, in-suite laundry, air conditioning and individual hydro meters. Exquisite renovations throughout the entire building include luxury vinyl plank flooring, custom stairs & railings, modern kitchens & bathrooms, quartz countertops, upscale interior doors & hardware, trendy electrical light fixtures and all new appliances. Plumbing, electrical and HVAC have all been updated to ensure the property is not only gorgeous to look at, but highly functional and reliable for the owner & tenants alike. You will not find another Hamilton triplex like this one, so book your appointment today before this incredible investment is scooped up.
Price $1,295,000
Taxes: $3,588.26
Tax Type: Annual
Assessment: $310000
Assessment Year: 2023
Occupancy by: Tenant
Address: 184 Burris St , Hamilton, L8M 2J8, Ontario
Postal Code: L8M 2J8
Province/State: Ontario
Legal Description: PT LT44, PL215 , AS IN VM39802; T/W VM39
Lot Size: 30 x 101 (Feet)
Directions/Cross Streets: Cumberland Ave
Zoning: Multi-residentia
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 2,107
Total Area Code:  Sq Ft
Office/Appartment Area: 100
Office/Appartment Area Code: %
Area Influences: Public Transit   Rec Centre
Financial Statement: N
Chattels: Y
Franchise: N
LLBO: N
Taxes Expense: $3588
Insurance Expense: $1685
 Heat Expenses: $982
 Hydro Expense:  $0
Water Expense: $1542
Gross Income/Sales: $73800
Net Income Before Debt: $65528
Year Expenses: 8272
Expenses Actual/Estimated: $Est
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS EDGE REALTY

184 Burris St , Hamilton, L8M 2J8, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Central
Style:
Lot Size: 30.00 x 101.00(Feet)
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Tax: $3,588.26
Maintenance Fee: $0
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