107-109 Balsam AVE S Active

Hamilton,ON L8M 3B2

$ 2699000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10408730

Annual Tax Amount $35,187

Tax Year 2024

Property Description

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.

Location

Province ON

County Hamilton

Area Central

Interior

Heating Yes

Cooling Partial

Exterior

Utilities Available Yes

Others

Security Features No

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