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$ 1,550,000
Est. payment | /mo
13 Beds
11 Baths
$ 1,550,000
Est. payment | /mo
13 Beds
11 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Freelton
MLS Listing ID X13207934
Style 2-Storey
Bedrooms 13
Annual Tax Amount $5,253
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Basement Full, Partially Finished, Walk-Out
Kitchen 8
Interior
Interior Features Separate Hydro Meter
Cooling Central Air, Wall Unit(s)
Inclusions 8x STOVE, 8x FRIDGE, WASHER, DRYER
Exterior
Parking Features Attached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 9
Building
Building Age 51-99
Foundation Concrete Block
Lited by RE/MAX ESCARPMENT REALTY INC.
Nearby Locations
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