Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2,600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside.
For sale
C$949,900
47 Wellington St S, Hamilton, ON L8N 2P9
5beds
4baths
2,800sqft
Multi-4 Unit, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
C$339/sqft
C$-- HOA
What's special
Modern styleVictorian characterIn-suite laundryStainless steel appliancesBeautiful exposed brickSleek finishesModern lighting
- 59 days
- on Zillow |
- 19 |
- 1 |
- Loading