Allan-John Boulanger

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107-109 BALSAM AVENUE S, Hamilton, Ontario

$2,699,000

5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units. (id:23309)

Listing ID: X10408730
Property Type: Multi-family

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Details

Transaction: For sale
Zoning Description: DE-2

Building

Appliances: Dryer, Refrigerator, Stove, Two Washers
Cooling: Partially air conditioned
Fireplace Present: False
Heating: Hot water radiator heat
Type: Multi-Family
Utility Water: Municipal water

Land

Size Frontage: 90 ft
Size Irregular: Bldg=90 x 45.66 FT

Listing provided by MYSAK REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 107-109 BALSAM AVENUE S in Hamilton Ontario. It was last modified on November 5th, 2024. Contact Allan-John Boulanger to schedule a viewing or to discover other Hamilton real estate for sale.

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