Attention investors!! LEGAL TRIPLEX with COMMERCIAL in Hamiltons booming Corktown neighbourhood. Fully city-approved with three self-contained, separately metered units. Ideal for investors or end-users seeking cash flow with peace of mind. One long-term tenant in place; two vacant units ready for market rents. Strong unit mix: main floor 1-bedroom, also zoned for various retail uses including retail, office, and more, second-floor 2-bedroom, and third-floor 1-bedroom - each with its own furnace and HWT. Tenants to pay their own utilities, keeping operating costs low. Major capital upgrades already completed: new roof (2024), updated plumbing and electrical, and a steel fire escape for fire code compliance. A turn-key, low-maintenance asset in one of Hamiltons most walkable and vibrant neighbourhoods. Just a 4-minute walk to the Hamilton GO Centre, 6-minute walk to St. Josephs Hospital, and steps to restaurants, pubs, amenities, and transit. ~10-minute walk to Downtown. A top-tier rental location, perfect for commuters, healthcare professionals, and tenants who want everything outside their front door. (id:41954)
MLS® Number | X12258735 |
Property Type | Retail |
Community Name | Corktown |
Appliances | Dishwasher, Dryer, Washer |
Cooling Type | Partially Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 2693 Sqft |
Type | Residential Commercial Mix |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 70 Ft |
Size Frontage | 25 Ft ,8 In |
Size Irregular | 25.7 X 70 Ft |
Size Total Text | 25.7 X 70 Ft |
Zoning Description | C5 |
https://www.realtor.ca/real-estate/28550579/55-young-street-hamilton-corktown-corktown
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