Sold · Listed at $859,900 - 13 Westinghouse Avenue, Hamilton
Detached - Sold in Hamilton
Sign up free to see the sold priceNeighbourhood: Gibson
- MLS Number
- X11997323
- Property Type
- Detached
- Status
- sold
- Days on Site
- Sign up free to see
- Bedrooms
- 9
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Hamilton
- Taxes (2024)
- $4,727
- Listing Brokerage
- Keller Williams Signature Realty, Brokerage
Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood. Appraised for $975k in Aug 2024. Financials available upon request.
Sale Summary
Days on Market
Sign up free to seeSold Date
Sign up free to seeListed
March 3, 2025
Property Type
Detached
City
Hamilton
13 Westinghouse Avenue, Hamilton
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