133-135 Wellington St, Hamilton, Ontario L8R 1N4
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Highlights
Est. Mortgage$4,294/mth
Tax Amount (2023)$4,446/yr
Description
Massive opportunity to sever this double lot legal fourplex into 2 duplexes. Or live in one unit and let the other 3 pay your mortgage. Or keep all 4 units rented out for one of the highest cashflowing properties you will find in this price range. Current rents: Unit 1: $1500 + Hydro, Unit 2: $1750 + Hydro, Unit 3: $1850 + Hydro, Unit 4: $2200 + hydro. All units are above ground, 4,935 sq ft + unfinished basement. 2 Brand new High efficiency furnaces. Sandwiched between 2 highrise buildings makes for incredible land value alone. Detached garage in the back could mean extra storage income or convert it into another accessory unit. High cashflow even with current mortgage rates. Main floor has two 2 bedroom apartments, upper levels have two 4 bedroom apartments. Each apartment comes with 2 living rooms. VTB available.
Property Details
Interior
Features
Ground Floor
Living
Dining
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Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 3
Total parking spaces 3
Property History
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