170-172 Markland Street Hamilton, Ontario L8P 2K5

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

Detached Garage

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

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