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172 MARKLAND STREET Hamilton
  • 172 MARKLAND STREET Hamilton
  • 172 MARKLAND STREET Hamilton
  • 172 MARKLAND STREET Hamilton
  • 172 MARKLAND STREET Hamilton
  • 172 MARKLAND STREET Hamilton
  • 172 MARKLAND STREET Hamilton

172 MARKLAND STREET, Hamilton, Ontario

$1,800,000

  • 8 Beds
  • 6 Baths

Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12x15 accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request. (id:23309)

  • Listing ID: X9769043
  • Property Type: Multi-family
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Details

  • Parking Spaces: 2
  • Transaction: For sale

Building

  • BasementType: Partial (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 8
  • Exterior Finish: Stucco, Wood
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 6
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 56 ft ,3 in
  • Size Irregular: 56.29 x 74 FT
MLS®

Listing provided by RE/MAX GARDEN CITY REALTY INC.
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 172 MARKLAND STREET in Hamilton Ontario. It was last modified on November 27th, 2024. Contact Rosemarie Vella-Noor to schedule a viewing or to discover other Hamilton real estate for sale.

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