Turn-Key 4-Unit Investment Property in a Prime, Established Neighbourhood. Well-maintained and fully functional fourplex ideally located near schools, public transit, and shopping amenities. The property features five separate hydro meters, four individual furnaces, and four hot water heaters, offering independent utility setups for each unit. Units 1, 2, and 4 are currently leased; Unit 3 is vacant and offers an estimated rental income of $1,495/month, presenting an excellent opportunity for owner-occupancy or immediate leasing. Situated on a good sized lot with three parking space, 2 of which are in the garage. The property also includes a walk-up basement with a shared laundry area and additional space. Ideal for investors seeking reliable cash flow in a high-demand rental area. Interior photos are for vacant unit #3 ONLY. (id:4069)
Address
8 ST. MATTHEWS Avenue
List Price
$1,200,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Hamilton
Bedrooms
8
Bathrooms
4
Floor Area
2,922 Sq. Ft.
Year Built
1907
MLS® Number
40769027
Listing Brokerage
Sutton Group Summit Realty Inc.
Basement Area
Full (Partially finished)
Postal Code
L8L5P3
Zoning
D
Site Influences
Park, Place of Worship, Public Transit, Schools, Shopping
