220 EMERALD STREET NORTH

Hamilton, , L8L5K8, Canada

$429,900

You really can't miss this value added 3-unit investment that not only makes a strong statement on the street, but is a strong investment too! Not only a bold facade, but a bold 8% potential cap rate make this solid triplex an ideal mix of immediate income and plenty of opportunity to be realized. The fully renovated rear one-bedroom unit is tenanted, while the front studio and second-floor one-bedroom are vacant and ready for updates, allowing you to set market rents and select tenants. Recent improvements include a complete frame-in renovation of the rear unit, as well as new furnace and hot water tank (2021), updated wiring with 200-amp breaker panel and some exterior brick repointing with the front and side painted (2022), rear stairs replaced (2019),. Two rear parking spaces on a concrete driveway with paved alley access, plus proximity to downtown and public transit routes makes it a very attractive prospect to tenants. A practical & profitable opportunity for investors to build long-term equity in an improving Lansdale neighbourhood.

Last updated on : Friday 27th of February 2026 12:40:40 PM

ADDRESS

Street : 220 EMERALD STREET NORTH

City : Hamilton

Country : Canada

Postal Code : L8L5K8

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PROPERTY SUMMARY

Property ID : 40798621

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 2

Bathrooms : 3

Parking : 2

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