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262 Robert Street Hamilton, Ontario L8L 2R4

4 Bedroom 4 Bathroom 2500 sqft
Central Air Conditioning Forced Air

$1,049,900

Welcome to 262 Robert Street! This meticulously updated, LEGAL 4-unit building offers 4 beautifully finished 1BR apartments, making it an excellent and rare investment opportunity. Located one block from the General Hospital and conveniently located downtown, it provides easy access to nearby amenities, shops, and restaurants. With a solid 6.41% cap rate, this property is further enhanced by recent major capital improvements, including a new roof (2024) and furnace (2024), as well as all new windows and doors (2021) and AC units (2021). Live in one unit while the other three cover your mortgage and expenses. Don’t miss this chance to own a well-maintained, income-generating property in a prime location! (id:41954)

Property Details

MLS® Number 40773685
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Schools
Community Features Community Centre
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Total 4
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2500 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 91 Ft
Size Frontage 25 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1a

https://www.realtor.ca/real-estate/28913665/262-robert-street-hamilton

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