85 Wilson Street Hamilton, Ontario L8R 1C7
$899,900
Turn-Key 4-Plex Investment Opportunity in Prime Downtown Location. Rare opportunity to own a fully tenanted and updated 4-unit multiplex in the heart of downtown, just steps from Jackson Square and within walking distance to all major amenities.This well-maintained building features three 1-bedroom units and one 2-bedroom unit, each separately metered for hydro, offering strong income and minimal overhead. With a gross annual income of $84,000, this is the perfect property for first-time or seasoned investors looking for reliable cash flow. Property Highlights:Unit Mix: 3 x 1-Bedroom, 1 x 2-Bedroom Gross Income: $84,000 per year Condition: All units updated and furnished to standard. Features: Terrazzo floors in hallways, carpeted stairs Fire Safety: Fire alarms and extinguishers on each hallway level . Very secure building This is a hands-off, income-generating property in a high-demand area nothing to do but collect rent. Ideal for investors seeking stability and strong rental demand in a growing urban market. (id:63013)
Property Details
MLS® Number | X12323040 |
Property Type | Multi-family |
Community Name | Beasley |
Amenities Near By | Hospital, Place Of Worship, Public Transit, Schools |
Community Features | School Bus |
Features | Lane |
Parking Space Total | 3 |
Building
Bathroom Total | 4 |
Bedrooms Above Ground | 5 |
Bedrooms Total | 5 |
Basement Development | Finished |
Basement Type | Full (finished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick, Stone |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 2,000 - 2,500 Ft2 |
Type | Fourplex |
Utility Water | Municipal Water |
Parking
No Garage |
Land
Acreage | No |
Land Amenities | Hospital, Place Of Worship, Public Transit, Schools |
Sewer | Sanitary Sewer |
Size Depth | 60 Ft |
Size Frontage | 33 Ft |
Size Irregular | 33 X 60 Ft |
Size Total Text | 33 X 60 Ft|under 1/2 Acre |
Zoning Description | H |
https://www.realtor.ca/real-estate/28686615/85-wilson-street-hamilton-beasley-beasley
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