165 & 169 Park Row S Hamilton, Ontario L8K 2K1
$5,600,000
The Investments Group is pleased to offer a rare opportunity to acquire a 21-unit multifamily asset in Hamilton’s Delta neighborhood. This property combines strong cash flow with significant value-add potential. Qualified investors can take advantage of a direct-to-CMHC financing option, allowing them to secure low-cost debt and maximize long-term returns. A zoning assessment confirms the feasibility of adding one or two additional one-bedroom units, further enhancing revenue potential. Recent renovations and proactive maintenance minimize immediate capital expenditures while providing a clear path for future growth. With strong fundamentals, scalable upside, and long-term stability, this is an institutional-quality investment opportunity. Additional information and detailed financials available upon request. (id:50787)
Property Details
| MLS® Number | 40702794 |
| Property Type | Multi-family |
| Features | Laundry- Coin Operated |
| Parking Space Total | 10 |
Building
| Bedrooms Total | 34 |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 20640 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 120 Ft |
| Size Frontage | 58 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | H (community Shopping & Commercial Etc) |
https://www.realtor.ca/real-estate/27979803/165-169-park-row-s-hamilton
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March 26 2025 08:10:22
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