Outstanding opportunity to acquire a 16-unit, 4-storey brick apartment building in a prime Hamilton location near Gage Park and the future LRT line. All suites are self-contained and separately hydro-metered. The property features a strong mix of mostly renovated units achieving near-market rents, with further upside potential through ongoing turnover. The building has benefited from substantial capital expenditures over the past decade, ensuring a well-maintained and efficient asset. Ideally suited for investors seeking a solid addition to their portfolio in one of Hamilton’s most promising growth corridors. (id:4555)
PROPERTY SPECS
Price $2,800,000
City Hamilton, Ontario
Address 109 BALSAM Avenue
Listing ID 40779094
Land Size 0.094
Type Multi-Family
Status For Sale
EXTENDED FEATURES
FeaturesLaundry- Coin operatedOwnershipFreeholdBasementNoneSewerMunicipal sewage system