$ 2,699,000
107-109 Balsam AVE S Hamilton, ON L8M 3B2
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,699,000
Est. payment /mo
Price Dropped by $200K
107-109 Balsam AVE S Hamilton, ON L8M 3B2
UPDATED:
11/19/2024 02:44 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10408730
Annual Tax Amount $35,187
Tax Year 2024
Property Description
5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units.
Location
Province ON
County Hamilton
Area Central
Interior
Heating Yes
Cooling Partial
Exterior
Utilities Available Yes
Others
Security Features No
Listed by MYSAK REALTY INC.