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8 St. Matthews Avenue Hamilton, Ontario L8L 5P3

8 Bedroom 4 Bathroom 2922 sqft
None Forced Air

$1,200,000

Turn-Key 4-Unit Investment Property in a Prime, Established Neighbourhood. Well-maintained and fully functional fourplex ideally located near schools, public transit, and shopping amenities. The property features five separate hydro meters, four individual furnaces, and four hot water heaters, offering independent utility setups for each unit. Units 1, 2, and 4 are currently leased; Unit 3 is vacant and offers an estimated rental income of $1,495/month, presenting an excellent opportunity for owner-occupancy or immediate leasing. Situated on a good sized lot with three parking space, 2 of which are in the garage. The property also includes a walk-up basement with a shared laundry area and additional space. Ideal for investors seeking reliable cash flow in a high-demand rental area. Interior photos are for vacant unit #3 ONLY. (id:41954)

Property Details

MLS® Number 40769027
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Public Transit, Schools, Shopping
Parking Space Total 3

Building

Bathroom Total 4
Bedrooms Total 8
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1907
Cooling Type None
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2922 Sqft
Type Fourplex
Utility Water None

Parking

Detached Garage

Land

Access Type Road Access
Acreage No
Land Amenities Park, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 97 Ft
Size Frontage 36 Ft
Size Total Text Under 1/2 Acre
Zoning Description D

https://www.realtor.ca/real-estate/28918437/8-st-matthews-avenue-hamilton

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