$1,249,000 FOR SALE

Investment

Lot: 50.1 x 165.34 ftTotal Area: 4,764 ft2
2023 Taxes: $8,185

145 Emerald St S
Hamilton, ON L8N 2V4 | Stinson

Introducing a remarkable investment opportunity for the savvy investor in the heart of the historic Stinson neighborhood! Nestled within a charming century home, this 6-unit multiplex exudes character and potential. The property boasts six, fully occupied units. Contemporary updates and renovations ensure that your tenants enjoy modern finishes, (shingles ' 13, boiler '13, wiring, plumbing, kitchens and bathrooms in 2012,). The desirable Stinson neighborhood, with it's quick mountain accesses, multiple parks and public transit options ensures strong demand for rental properties Don't miss the chance to own a piece of Stinson history while securing your financial future. This multi-unit century home, with its positive cash flow potential, represents an extraordinary investment opportunity in one of Hamilton's most sought-after neighborhoods. Act quickly and make your mark on this historic gem before it's gone!

Extras
(2012) new wiring, new plumbing, new kitchens, new bathrooms, washer & dryer most units (2013) new shingles, new boiler, (2021) new hot water heaters x2 rented through Reliance

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Listed By ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X7358668
Last Updated Apr 15, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 171760032
Legal Description LT 23, REGISTRAR'S COMPILED PLAN 1360 ; HAMILTON
Occupancy Tenant
Possession Date Flexible
Taxes (2023) $8,185
Tax Type Annual
Assessment (2023) $617,000
Directions/Cross Streets North On Emerald From Stinson
Neighbourhood Stinson
Area Hamilton
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 50.1 x 165.34 ft
Lot Irregularities 50.10X135.28 X30.06X 30.06X165.34
Office/Apt Area 4,764 ft2
Total Area 4,764 ft2
Approximate Age 100+
Elevator None
Air Conditioning N
Basement Y
Chattels Y
Garage Type None
Parking Spaces 8
Heat Type Gas Hot Water
Financial Statement Y
Expenses Actual/Estimated Act
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning "E" Multiple dwellings, lodges clubs
Seller Property Info Statement N

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