Hamilton (stinson), ON L8N2Z2,164 WENTWORTH STREET S
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Hamilton (stinson), ON L8N2Z2,164 WENTWORTH STREET S
Hamilton (stinson), ON L8N2Z2,164 WENTWORTH STREET S
Hamilton (stinson), ON L8N2Z2,164 WENTWORTH STREET S
Hamilton (stinson), ON L8N2Z2,164 WENTWORTH STREET S
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$ 799,000
Est. payment /mo
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164 WENTWORTH STREET S Hamilton (stinson), ON L8N2Z2

6 Beds

4 Baths

2,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $399

Subdivision Stinson

MLS® Listing ID X12517638

Bedrooms 6

Source Toronto Regional Real Estate Board

Property Description

Currently generating a strong 6.2% cap rate, this well-cared-for legal triplex is ideal for investors and owner-occupiers seeking turn-key income. Strong cashflow with easy potential to convert to a legal fourplex and further increase income. Reliable tenants. With all units above ground, this property has great character, natural light, green outdoor spaces, and ample parking in both front and rear. Main floor is a large 3-bedroom unit with basement, private fenced backyard, and shed. 2nd floor has a 1-bedroom unit with spacious kitchen and 2-bedroom unit with open-concept kitchen. Unit 2 & 3 share an additional semi-private backyard. All units have en-suite washer/dryers. Three hydro meters. Additional outdoor staircase to 2nd floor. INCOME & EXPANSION POTENTIAL - Unit 1 offers potential to be split into 2 separate units, with current layout with minimal changes and zoning (R1a) that allows up to four units. Additional income potential: basement with existing separate entrance, large attic with high ceilings. Prime family neighborhood, steps to the Escarpment Rail Trail (part of Bruce Trail) and stairs to Mountain. Excellent transit options: Wentworth/Stinson/Main Street buses, Hamilton GO Station, easy access to Mountain & highways, direct bus route to McMaster University. Close to schools, grocery stores, hospitals, restaurants, cafes. Strong rental demand, especially with grad students and medical professionals. Financial info and recent capital upgrades available upon request. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4.88 m X 3 m Living room

Extra Room 2 Second level 3.52 m X 3.61 m Kitchen

Extra Room 3 Second level 4.01 m X 2.49 m Bedroom

Extra Room 4 Second level Measurements not available Living room

Extra Room 5 Second level Measurements not available Kitchen

Extra Room 6 Second level Measurements not available Primary Bedroom

Interior

Heating Radiant heat

Cooling None

Flooring Hardwood

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Sanitary sewer


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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
AJ Hazzi

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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164 WENTWORTH STREET S