Hamilton, ON L8L 6E4,13 WESTINGHOUSE AVE
Hamilton, ON L8L 6E4,13 WESTINGHOUSE AVE
Hamilton, ON L8L 6E4,13 WESTINGHOUSE AVE
Hamilton, ON L8L 6E4,13 WESTINGHOUSE AVE
Hamilton, ON L8L 6E4,13 WESTINGHOUSE AVE
Hamilton, ON L8L 6E4,13 WESTINGHOUSE AVE
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$ 985,000
Est. payment | /mo

6 Baths

2,084 SqFt


Save
$ 985,000
Est. payment | /mo
Save

6 Baths

2,084 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,084 sqft

Price per Sqft $472

MLS Listing ID X10440745

Annual Tax Amount $4,727

Tax Year 2024

Property Description

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.
Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood.

Location

Province ON

County Hamilton

Community Gibson

Area Hamilton

Region Gibson

City Region Gibson

Rooms

Basement None

Kitchen 0

Interior

Interior Features Separate Heating Controls, Other

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 4.0

Pool None

Community Features Public Transit, Park

Utilities Available Unknown

Roof Type Asphalt Rolled

Total Parking Spaces 4

Building

Unit Features Hospital

Foundation Other

New Construction false

Others

Security Features Unknown

Listed by Keller Williams Signature Realty, Brokerage
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13 WESTINGHOUSE AVE