154-156 FREELTON ROAD, Hamilton (Freelton)
13 BEDS · 11 BATHS · 5000 - 100000 sqft
$1,435,000
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.
General Info
| MLS Listing ID: X13207934 | Bedrooms: 13 | Bathrooms: 11 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: 3 | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Block | Roof: N/A | Title To Land: N/A | Parking Space Total: 9 |
| Parking: N/A | Heating: Forced air | Size: 5000 - 100000 sqft | Air Conditioning : Central air conditioning, Wall unit |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Full, N/A (Partially finished), N/A |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
Amenities/Features
- Hillside
- Hilly
