107-109 Balsam AVE S new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8M 3B2
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10408730
Annual Tax Amount $35,187
Tax Year 2024
Property Description
5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units.
Location
Province ON
County Hamilton
Area Central
Interior
Heating Yes
Cooling Partial
Exterior
Utilities Available Yes