74 LOCKE Street N
Hamilton, Ontario
MLS® 40864875
$1,099,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40864875
- Bedrooms
- 3
- Bathrooms
- 0
- Year built
- —
1 / 13Listing description
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.
Property summary
- MLS® number
- 40864875
- Property type
- Multi-family
- Square footage
- 4,220 sq ft
- Title
- Freehold
- Annual property taxes
- $17,532.00
- Parking
- 5 spaces · Open
- Days on market
- 0 days
Features & details
- Heating
- Radiant heat, Natural gas
- Basement
- Unfinished, Partial
- Exterior features
- Aluminum siding, Brick Veneer
- Lot features
- Crushed stone driveway, Laundry- Coin operated
What would this home cost you?
Based on the $1,099,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Escarpment Realty Inc., Hamilton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.