154-156 Freelton Road

Hamilton, ONMulti-family
$1,550,000
MLS® X13207934
Multi-family13 beds11 baths9 total
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About This Property

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. (id:63604)

Key Facts

Type
Multi-family
Beds
13
Baths
11
Size
5,000 sqft
Lot
66 x 252 FT
Parking
9 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
Property Details 15 details
Bedrooms
13 bedrooms
13 above grade
Bathrooms
11 bathrooms
3 partials
Parking
9 parking spaces
Attached Garage · Garage
Living area
5,000 - 100,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
2
Basement
Partially finished, Full, Walk out
Heating
Forced air, Natural gas
Cooling
Central air conditioning, Wall unit
Fireplace
No
Lot dimensions
66 x 252 FT
Frontage
66 feet
Taxes
$5,253.00
Water source
Municipal water
Sewer
Septic System

Interior features

WasherRefrigeratorStoveDryerSeparate Electricity Meters

Exterior features

Vinyl sidingBlock

Lot and water

HillsideHilly
Rooms 9 rooms
Level
Room
Dimensions
Second level
Kitchen
6.43 m x 4 m
Second level
Living room
3.96 m x 4 m
Second level
Bedroom
2.66 m x 2.4 m
Second level
Primary Bedroom
2.84 m x 2.97 m
Second level
Bathroom
Not specified
Main level
Kitchen
4.04 m x 3.9 m
Main level
Bedroom
2.48 m x 2.67 m
Main level
Primary Bedroom
3.58 m x 2.97 m
Main level
Bathroom
Not specified
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$1,550,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Freelton
City
Hamilton
Postal code
L8B 0Z5
Nearby
Cross Streets: Freelton Rd & North Street. ** Directions: 401 TO HWY #6 SOUTH TURN RIGHT ONTO FREELTON RD. PROPERTY IS ON THE LEFT.
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