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Listed price in listed location currency (CAD).
$1,049,000

305

MLS® 40864875

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 4220 sqft
Garage 
Taxes $17,532
Days Active 40
Lot Size 
Approx. Age 
Avg. Price Per Sqft $248
MLS® Number 40864875

Property Address: 74 Locke St N, Hamilton, ON, L8R3A5

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

Description

Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4, 220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an "as is, where is" basis.
MLS® Number40864875
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementPartial, Unfinished
DrivewayGravel
Garage Spaces
HeatNatural Gas, Radiant
A/COther

Extras

Other, 8 Fridges And 8 Stoves

Home Estimate Zoopraisal®

This property is estimated to sell between: $434,000 and $1,357,000.
Similar properties in this area sold on average for: $434,583
Expected to sell in 4 days. Similar properties sold in 44 days. This home has been on Zoocasa for 40 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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