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8 St. Matthews Avenue Hamilton, Ontario L8L 5P3

8 Bedroom 4 Bathroom 2922 sqft
None Forced Air

$1,200,000

Turn-Key 4-Unit Investment Property in a Prime, Established Neighbourhood. Well-maintained and fully functional fourplex ideally located near schools, public transit, and shopping amenities. The property features five separate hydro meters, four individual furnaces, and four hot water heaters, offering independent utility setups for each unit. Units 1, 2, and 4 are currently leased; Unit 3 is vacant and offers an estimated rental income of $1,495/month, presenting an excellent opportunity for owner-occupancy or immediate leasing. Situated on a good sized lot with three parking space, 2 of which are in the garage. The property also includes a walk-up basement with a shared laundry area and additional space. Ideal for investors seeking reliable cash flow in a high-demand rental area. Interior photos are for vacant unit #3 ONLY. (id:63008)

Property Details

MLS® Number 40769027
Property Type Multi-family
AmenitiesNearBy Park, Place Of Worship, Public Transit, Schools, Shopping
ParkingSpaceTotal 3

Building

BathroomTotal 4
BedroomsTotal 8
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1907
CoolingType None
ExteriorFinish Brick
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2922 Sqft
Type Fourplex
UtilityWater None

Parking

Detached Garage

Land

AccessType Road Access
Acreage No
LandAmenities Park, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 97 Ft
SizeFrontage 36 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription D

https://www.realtor.ca/real-estate/28918437/8-st-matthews-avenue-hamilton

Melanie Osborne
Salesperson


Sutton Group Summit Realty Inc.
33 Pearl Street Suite 400
Mississauga, Ontario L5M 1X1

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