Outstanding opportunity to acquire a 16-unit, 4-storey brick apartment building in a prime Hamilton location near Gage Park and the future LRT line. All suites are self-contained and separately hydro-metered. The property features a strong mix of mostly renovated units achieving near-market rents, with further upside potential through ongoing turnover. The building has benefited from substantial capital expenditures over the past decade, ensuring a well-maintained and efficient asset. Ideally suited for investors seeking a solid addition to their portfolio in one of Hamiltons most promising growth corridors. (id:36096)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12465229 |
| Property Type | Multi-family |
| Neigbourhood | Stipeley |
| Community Name | Stipley |
| Amenities Near By | Public Transit |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Appliances | Dryer, Water Heater, Two Washers |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Radiator |
| Size Interior | 11,724 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 45 Ft ,7 In |
| Size Frontage | 90 Ft |
| Size Irregular | 0.094 |
| Size Total | 0.094 Ac |
| Size Total Text | 0.094 Ac |
| Zoning Description | De-2 |
https://www.realtor.ca/real-estate/28996119/109-balsam-avenue-s-hamilton-stipley-stipley
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