Outstanding opportunity to acquire a 16-unit, 4-storey brick apartment building in a prime Hamilton location near Gage Park and the future LRT line. All suites are self-contained and separately hydro-metered. The property features a strong mix of mostly renovated units achieving near-market rents, with further upside potential through ongoing turnover. The building has benefited from substantial capital expenditures over the past decade, ensuring a well-maintained and efficient asset. Ideally suited for investors seeking a solid addition to their portfolio in one of Hamilton’s most promising growth corridors. (id:41954)
MLS® Number | 40779094 |
Property Type | Multi-family |
Amenities Near By | Place Of Worship, Public Transit |
Features | Laundry- Coin Operated |
Basement Type | None |
Exterior Finish | Brick |
Stories Total | 4 |
Size Interior | 11724 Sqft |
Utility Water | Municipal Water |
Access Type | Road Access |
Acreage | No |
Land Amenities | Place Of Worship, Public Transit |
Sewer | Municipal Sewage System |
Size Depth | 46 Ft |
Size Frontage | 90 Ft |
Size Irregular | 0.094 |
Size Total | 0.094 Ac|under 1/2 Acre |
Size Total Text | 0.094 Ac|under 1/2 Acre |
Zoning Description | De-2 |
https://www.realtor.ca/real-estate/28995486/109-balsam-avenue-s-hamilton
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