Hamilton, ON L8L 6E4,13 Westinghouse Avenue
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Hamilton, ON L8L 6E4,13 Westinghouse Avenue
Hamilton, ON L8L 6E4,13 Westinghouse Avenue
Hamilton, ON L8L 6E4,13 Westinghouse Avenue
Hamilton, ON L8L 6E4,13 Westinghouse Avenue
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Listed by Jake Novis • Keller Williams Signature Realty, Brokerage
$ 985,000
Est. payment /mo
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13 Westinghouse Avenue Hamilton, ON L8L 6E4

9 Beds

6 Baths

2,084 SqFt


UPDATED:

11/22/2024 01:57 PM

Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,084 sqft

Price per Sqft $472

MLS Listing ID 40679839

Bedrooms 9

Abv Grd Liv Area 2,084

Originating Board Oakville

Year Built 1915

Annual Tax Amount $4,727

Property Description

Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.
Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood.

Location

Province ON

County Hamilton

Area 20 - Hamilton Centre

Zoning M6

Direction Westinghouse Ave

Rooms

Basement None

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters, Other

Heating Forced Air, Natural Gas, Heat Pump

Cooling Ductless, Other

Fireplace No

Laundry Coin Operated

Exterior

Waterfront No

Roof Type Asphalt

Lot Frontage 25.58

Lot Depth 102.22

Garage No

Building

Lot Description Rectangular, City Lot, Highway Access, Hospital, Park, Public Transit, Shopping Nearby

Faces Westinghouse Ave

Story 3

Foundation Other

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick Veneer,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 171940027

Ownership Freehold/None


Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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13 Westinghouse Avenue