Fawad Nissari - Real Estate Agent
88 Tisdale ST S Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 2W2
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision Stinson
MLS Listing ID X11967847
Style 3-Storey
Bedrooms 7
Annual Tax Amount $3,239
Tax Year 2024
Property Sub-Type Multiplex
Property Description
There's nothing like this LEGAL 4-plex in Hamilton, maybe even the GTA!! Purchased in 2022, the building had been completely gutted and fully renovated!! Most importantly, The building nets $140,000+ annually!!! Giving it a current cap rate of 7.5% Enjoy the income of an 8-plex with the minimal maintenance of 4 units! This house has been professionally and legally re-built from the brick in. Everything is new: New roof, new windows, new eavestroughs, new plumbing, new HVAC, new furnaces, new A/C's, new decking, new fire escapes, spray-foam insulation, basement waterproofing, concrete, sump-pump, weeping tiles, custom kitchens, quartz countertops, luxury vinyl, hardwood staircases & railings, maintenance free landscaping, and much, much more!! All work completed legally with permits!! Upper unit spans 2 floors, 1300 sq ft and is a 2 bdrm 1 bath, with loft. The main unit is a 2 bdrm 1 bath. Both units have in-suite laundry. 2x new executive studio suites below, and are fitted for laundry. 2 parking spots on-site, leased parking spots available behind the house if needed. Hydro separately metered.This Smart Building is outfitted with security cameras, alarm system, lights, thermostats and door locks all controlled right from your phone. BONUS: free street parking located close by. Don't miss this turn-key, maintenance-free, investment opportunity...all the work has been done for you. Alternatively enjoy the large upper unit for yourself and rent the 3 units below to live mortgage free!! Building can be sold furnished and vacant. Book your showing today!
Location
Province ON
County Hamilton
Community Stinson
Area Hamilton
Rooms
Family Room Yes
Basement Apartment,Separate Entrance
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Countertop Range,Upgraded Insulation,Water Heater,Water Heater Owned
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 34.12
Lot Depth 50.25
Total Parking Spaces 2
Building
Foundation Block,Poured Concrete
Others
Virtual Tour https://www.youtube.com/watch?v=yhh0-SzavKs