MLS®: H4053940 Status: For sale

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420 East 42nd Street, Hamilton Ontario, L8T3A9

420 East 42nd Street, Hamilton Ontario
Fantastic Investment Opportunity!! Solid, Very Clean and Exceptionally Well Maintained Residential Apartment Building. Property Zoned for 22 Units - currently consists of 23 Units. 22 Units - 2Bedrm & 1 Unit - 3 Bedrm. Located on Hamilton Mountain in an Excellent Rental Area. Near Shopping, Schools, Public Transit and the LINC. Estimated Net Income = $178,000 . Over $500,000 in Renovations & Upgrades in 2013 including: Roof, Windows, Balconies, Siding, Brickwork Re-pointing, Washrooms, Plumbing and more. 23 Fridges, 23 Stoves & Coin Laundry Equipment Included. Fully Tenanted. Substantial UPSIDE POTENTIAL in 14 of the 23 Units. All measurements & square footage are approximate and to be verified by Buyer. All other information provided by Seller or Listing Brokerage to be Verified by Buyer. ALLOW 72 HRS. IRREVOCABLE ON ALL OFFERS. Include Schedule B & O.S.D. (Form 801) with all Offers. 48 HRS. NOTICE REQUIRED FOR ALL SHOWINGS. (id:2471)
Type: Multi-family
Lot Dimensions: 100 x 199.27Acreage: 100 x 199.27
Sewer: Municipal sewage systemWater: Municipal water
Parking Type: No Garage
Style: Multi-FamilySquare Footage: 18000
Heating: Baseboard heaters, Boiler
Heating Type: Natural gas
Exterior: Brick, Other
Foundation Type: Poured Concrete
Paved driveway Laundry- Coin operated   
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420 East 42nd Street, Hamilton Ontario

RE/MAX Advantage Realty Ltd. Brokerage - London

Didier Rottier
Sales Representative

Email Me

519 649-6000


Listing Office: Corona Realty Inc.

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