133-135 WELLINGTON STREET N

Hamilton, Ontario, L8R1N4, Canada

$999,900

Massive opportunity to sever this double lot legal fourplex into 2 duplexes. Or live in one unit and let the other 3 pay your mortgage. Or keep all 4 units rented out for one of the highest cashflowing properties you will find in this price range. Current rents: Unit 1: $1500 + Hydro, Unit 2: $1750 + Hydro, Unit 3: $1850 + Hydro, Unit 4: $2200 + hydro. All units are above ground, 4,935 sq ft + unfinished basement. 2 Brand new High efficiency furnaces. Sandwiched between 2 highrise buildings makes for incredible land value alone. Detached garage in the back could mean extra storage income or convert it into another accessory unit. High cashflow even with current mortgage rates. Main floor has two 2 bedroom apartments, upper levels have two 4 bedroom apartments. Each apartment comes with 2 living rooms. VTB available.

EXTRAS 2 Brand new furnaces, 4 fridges, 4 stoves, washer, dryer, 2 hot water tanks

Last updated on : Tuesday 14th of May 2024 01:01:01 AM

ADDRESS

Street : 133-135 WELLINGTON STREET N

City : Hamilton

Province : Ontario

Country : Canada

Postal Code : L8R1N4

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PROPERTY SUMMARY

Property ID : X7374430

Building Type : Fourplex

Property Type : Single Family

Bedrooms : 8 + 4

Bathrooms : 7

Parking : 3

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