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CAONHamiltonStinson47 Wellington St S
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47 Wellington St S, Hamilton, ON

Real Estate

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543

MLS® 40766268

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 2800 sqft
Garage No
Taxes $4,866
Lot Size 
Approx. Age 1890
Avg. Price Per Sqft $321
MLS® Number 40766268

Property Address: 47 Wellington St S, Hamilton, ON, L8N2P9

Average square foot calculated using Size range provided by listing agent.

Description

Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2, 600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6.5% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside.Show Description
MLS® Number40766268
Laundry LevelIn-Suite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1890
BasementSeparate Entrance, Walk-Up Access, Partial, Partially Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Other, All Appliances And Light Fixtures.

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Price History

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Top Secret
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Top Secret
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Jun 25, 2024End Date
-Sold Price

Expired

Mar 18, 2024List Date
$974,999List Price
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Destination Address
47 Wellington St S, Hamilton, ON

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