8 Bedroom
6 Bathroom
3,542 sqft
Wall Unit
Radiant Heat
$1,150,000
Exceptional Turnkey Investment Opportunity - 172 Markland Avenue, Hamilton. Add a solid income-producing asset to your portfolio with this well-maintained 6-unit purpose-built apartment building in Hamilton. Featuring 2 bachelor units and 4 spacious two-bedroom units, this property offers a desirable unit mix with strong rental appeal and consistent income potential. Professionally managed, the building has benefited from numerous capital upgrades over the years, allowing investors to acquire a property with ongoing care and reduced maintenance concerns. Tenants enjoy the convenience of shared laundry facilities located in the partially finished basement, while the lower level also offers additional storage and future potential. Situated in an established neighbourhood with convenient access to public transit, shopping, schools, parks, and major commuter routes, this investment is well-positioned to attract and retain quality tenants. Whether you're expanding your portfolio or entering the multi-residential market, 172 Markland Avenue presents an excellent opportunity to own a professionally managed, income-generating property in one of Hamilton's strong rental markets. (id:50787)
Property Details
|
MLS® Number
|
40856803 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Hospital, Park, Public Transit, Schools, Shopping |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
7 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Total
|
8 |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Full (partially Finished) |
|
Constructed Date
|
1910 |
|
Cooling Type
|
Wall Unit |
|
Exterior Finish
|
Aluminum Siding, Stucco |
|
Foundation Type
|
Stone |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
3,542 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access, Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Park, Public Transit, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
75 Ft |
|
Size Frontage
|
57 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
D |
https://www.realtor.ca/real-estate/30174108/170-172-markland-street-hamilton