Rare multi-residential investment opportunity in Hamilton's desirable East Mountain! This purpose-built property features six two-storey town homes, including two 3-bedroom end units and four 2-bedroom units, each designed with private entrances, individual laundry and bonus unfinished basements offering additional potential. The building has been exceptionally maintained, with major mechanical updates completed in 2025 including new furnaces and air conditioning systems, providing investors with predictable operating costs and minimal near-term capital expenditures. Each unit is well cared for, creating a strong foundation for stable tenancy. Investors will appreciate the significant rental upside, with opportunities to optimize rents over time while benefiting from the property's solid fundamentals. A standout feature is the six detached garages, offering valuable additional income potential and tenant convenience. Ideally located in Hamilton's East Mountain, the property is close to major highways, shopping, schools, parks and transit, making it highly attractive for tenants and ensuring long-term rental demand. A truly rare chance to acquire a multi-unit asset in a prime location with strong income potential and long-term growth. RSA. (id:47421)
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Detailed Information
Bedrooms
14
Bathrooms
6
Lot
75 x 199.25 ft
Features
Flat site, Dry
Listing Contract Date
2026-03-12
Location Description
UPPER GAGE AVE TO PEMBERTON AVE TO EAST 42ND ST
# of Parking Spaces
12
Property Type
Multi-family
Transaction Type
For sale
Building
Age
51 to 99 years
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Cooling Type
Central air conditioning
Exterior Finish
Brick
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Other
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Garage
Land
Total Size
75 x 199.3 FT
Sewer
Sanitary sewer
Size of Irregular Land
75 x 199.3 FT
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