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$ 1,550,000
Est. payment /mo
New
156 Freelton RD #154 Hamilton, ON L8B 0Z5
13 Beds
11 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Freelton
MLS Listing ID X12263234
Style 2-Storey
Bedrooms 13
Building Age 51-99
Annual Tax Amount $5,253
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is 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 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don't come around often. RSA
Location
Province ON
County Hamilton
Community Freelton
Area Hamilton
Rooms
Basement Full, Unfinished
Kitchen 8
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Inclusions 8X STOVE, 8x FRIDGE, WASHER, DRYER
Exterior
Parking Features Attached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 9
Building
Foundation Concrete
Lited by RE/MAX ESCARPMENT REALTY INC.