5 Bedroom
3 Bathroom
3500 - 5000 sqft
Window Air Conditioner
Hot Water Radiator Heat
$899,900
LEGAL non-conforming triplex situated on a quiet boulevard in the Hamilton downtown core. This massive value add opportunity features 3814 (5000 sq ft including basement) square feet ready for stabilization. Unit mix includes main floor- 2bed, 1bath $2152.50 + hydro, second floor 2bed, 1 bath $1063 + hydro, third floor/loft 1bed, 1bath $1048 + hydro. All on month to month leases. Square footage is spread out effectively creating large units with upside on renovations and reconfiguring the space. Loft unit was renovated in last few years. The opportunity continues with an unspoiled 1242 sq ft basement w/ walk-up & high ceilings optimal for creating storage lockers and possible coin op laundry setup for the building. Zoned the coveted R1A you'll also find ease in a large detached garage (306 sq ft) perfect for a 4th legal unit. Lastly, the parcel includes a semi-detached 1 bay garage on opposite side (ideal for storage-176 sq ft). Endless upside with this massive asset including ample parking & a reconstructed roof (including sheathing) in 2015. Potential stabilized rent of almost $8000 across 4 units. Second floor unit will be VACANT on possession! (id:50787)
Property Details
MLS® Number
|
X12146213 |
Property Type
|
Multi-family |
Community Name
|
Stipley |
Parking Space Total
|
5 |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
5 |
Bedrooms Total
|
5 |
Age
|
100+ Years |
Amenities
|
Separate Electricity Meters |
Appliances
|
All |
Basement Features
|
Walk-up |
Basement Type
|
N/a |
Cooling Type
|
Window Air Conditioner |
Exterior Finish
|
Brick |
Foundation Type
|
Stone |
Heating Fuel
|
Natural Gas |
Heating Type
|
Hot Water Radiator Heat |
Stories Total
|
3 |
Size Interior
|
3500 - 5000 Sqft |
Type
|
Triplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
97 Ft |
Size Frontage
|
50 Ft |
Size Irregular
|
50 X 97 Ft |
Size Total Text
|
50 X 97 Ft |
https://www.realtor.ca/real-estate/28308001/93-barnesdale-boulevard-hamilton-stipley-stipley