Welcome to 262 Robert Street! This meticulously updated, LEGAL 4-unit building offers 4 beautifully finished 1BR apartments, making it an excellent and rare investment opportunity. Located one block from the General Hospital and conveniently located downtown, it provides easy access to nearby amenities, shops, and restaurants. With a solid 6.41% cap rate, this property is further enhanced by recent major capital improvements, including a new roof (2024) and furnace (2024), as well as all new windows and doors (2021) and AC units (2021). Live in one unit while the other three cover your mortgage and expenses. Don’t miss this chance to own a well-maintained, income-generating property in a prime location! (id:4069)
Address
262 ROBERT Street
List Price
$1,049,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
4
Bathrooms
4
Floor Area
2,500 Sq. Ft.
MLS® Number
40773685
Listing Brokerage
Right at Home Realty
Basement Area
Full (Unfinished)
Postal Code
L8L2R4
Zoning
R1a
Site Influences
Hospital, Park, Place of Worship, Public Transit, Schools
Features
Paved driveway
