FARHANG RAFII
Sales Representative
$1,049,000
Available - For Sale
Listing ID: X13868472
158 Hunter Street East , Hamilton, L8N 1M7, Hamilton
| $90,840 GROSS ANNUAL RENT | $71,929 NET INCOME | 6.86% CAP RATE AT CURRENT LIST PRICE. A compelling opportunity for investors seeking strong cash flow without taking on a major renovation project. Configured & operated as four self-contained rental suites, the property has undergone extensive upgrades, including: new roof & eaves, furnace & A/C, sewer line to the City, updated copper water line, back water valve, 200-amp electrical service with separated panels, updated plumbing, windows, HVAC distribution, foundation restoration, exterior grading correction, and significant interior renovations. City inspected during permitted renovations to confirm compliance with fire/life-safety upgrades consistent with multi-residential standards, including hardwired smoke detectors and fire-rated insulation/drywall between suites. Approximately2,385 sq ft (MPAC), with in-suite laundry throughout, updated kitchens & bathrooms, and excellent tenant appeal. Located in Corktown steps from Hamilton GO Centre, St. Joseph's Healthcare, parks, the rail trail, Augusta Street restaurants, and downtown. Full income and expense breakdown available. |
| Price | $1,049,000 |
| Taxes: | $4943.00 |
| Occupancy: | Tenant |
| Address: | 158 Hunter Street East , Hamilton, L8N 1M7, Hamilton |
| Directions/Cross Streets: | Hunter St E and Walnut St S |
| Rooms: | 11 |
| Bedrooms: | 3 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Development |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 15.48 | 11.25 | |
| Room 2 | Main | Great Roo | 11.25 | 10.66 | |
| Room 3 | Main | Bathroom | 7.41 | 7.25 | 3 Pc Bath |
| Room 4 | Main | Kitchen | 11.91 | 8.07 | |
| Room 5 | Main | Living Ro | 11.91 | 9.41 | |
| Room 6 | Main | Bathroom | 8.17 | 7.08 | 3 Pc Bath |
| Room 7 | Main | Bedroom | 12.33 | 11.74 | Combined w/Laundry, W/O To Deck |
| Room 8 | Main | Other | 9.91 | 3.58 | Walk-In Closet(s) |
| Room 9 | Second | Kitchen | 11.91 | 8.76 | |
| Room 10 | Second | Living Ro | 11.91 | 9.25 | |
| Room 11 | Second | Bathroom | 6.49 | 5.08 | 3 Pc Bath, Combined w/Laundry |
| Room 12 | Second | Bedroom | 11.32 | 9.58 | |
| Room 13 | Second | Kitchen | 18.17 | 8.99 | |
| Room 14 | Second | Living Ro | 15.25 | 8.07 | |
| Room 15 | Second | Bathroom | 4.26 | 3.67 | 2 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 2 | Second |
| Washroom Type 4 | 3 | Third |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 2 | Second |
| Washroom Type 9 | 3 | Third |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Att/Row/Townhouse |
| Style: | 3-Storey |
| Exterior: | Vinyl Siding, Stucco (Plaster) |
| Garage Type: | None |
| Drive Parking Spaces: | 0 |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Hospital, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
905-695-7888
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Att/Row/Townhouse |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Corktown |
| Style: | 3-Storey |
| Approximate Age: | 100+ |
| Tax: | $4,943 |
| Beds: | 3 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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