ON
Hamilton
L8N2P9
47 WELLINGTON S Street
47 WELLINGTON S Street, Hamilton, ON L8N2P9
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Listing Type
Multi Family
Listing Status
active
44
$899,900

Home Details for 47 WELLINGTON S Street

Price
$899,900
Type
Residential Income
Bedrooms
5
Bathrooms
4.0
Square feet
NaN
Year built
1890
Parking
Days on site
19
Listing #
40766268
Property Description

Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2,600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6.5% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: eXp Realty
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2279 Fairview St. Unit #1, Burlington, ON L7R 2E3
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289 804 0505
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