Property Description

Rare opportunity- high end investment property with great cash flow in prime location! Gorgeous Victorian (circa 1910) executive multi-residential property just steps to Locke St in Southwest Hamilton! Gross Rental Income $103,260 – NOI $87,215 – CAP Rate 7.3%. 6,260 Total sqft. This home has been extensively renovated throughout with fine finishes. Loaded with character – soaring 10’ceilings, original hardwood floors, and stunning finishes throughout. Many recent updates: wiring, thermo windows, LED lighting and chandeliers, new boiler & owned water heater (2014), air conditioning & ductwork, spray foam insulation, updated kitchens and bathrooms, new appliances – efficient building and low maintenance. Wonderful patios overlooking the beautiful landscaping.A++ professional and responsible tenants, and suites always in high demand. Separate hydro meters. 1.5 car garage in rear and additional parking. 24hr notice for tenants. Prime real estate