74 LOCKE STREET N, Hamilton, Ontario, L8R 3A5

MLS® # X13824728

Investment For Sale In Strathcona, Hamilton, Ontario

$1,049,000

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74 LOCKE STREET N, Hamilton, Ontario, L8R 3A5

$1,049,000

Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Development: Unfinished
Basement Type: Partial
Exterior Finish: Aluminum siding
Floor Space: 3500 - 5000 sqft
Foundation Type: Unknown
Heating Type: Radiant heat
Heating Fuel: Natural gas
Appliances: Stove, Refrigerator

Property Features:

Property Type: Multi-family
Features: Lane
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 82.5 Feet
Lot Frontage: 54.2 Feet
Lot Size: 54.3 x 82.5 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 5

Courtesy of: RE/MAX ESCARPMENT REALTY INC.

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