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488 HUGHSON Street N, Hamilton

5 BEDS · 4 BATHS · 2200 sqft

$775,000

7% cap rate + VTB.Steps to the Bayfront, Art Crawl and GO station. VERY desirable area! 488 Hughson St N and 33-35 Wood St E, must be sold together, total ask price $1,890,000- $945,000 each. There are 2 deeds/2 lots. Both are legal 4 plexes, a total of 8 units. Fully renovated along with common areas. 8 hydro meters rewired with permits, 2 furnaces approx 13yrs. Proforma, plans, information sheet, zoning verifications attached as a supplement. Street parking only. All water lines replaced, most sewer stacks replaced, back roof redone, newer windows, exterior paint, all eavestroughs and facia newer. Seller willing to consider a VTB up to 80%LTV.

General Info


MLS Listing ID: 40780796 Bedrooms: 5 Bathrooms: 4 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Stone Roof: N/A Title To Land: Freehold Parking Space Total: 0
Parking: N/A Heating: Forced air Size: 2200 sqft Air Conditioning : None
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Partial (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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