74 Locke Street N

Hamilton (Strathcona), ON L8R3A5

About this property

Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4,220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an "as is, where is" basis. (id:13843)

About this property

Excellent investment opportunity in a prime central Hamilton location. Situated on a prominent corner lot at Locke St N and Peter St, this 3-storey multi-residential property features 8 self-contained residential units consisting of 4 two-bedroom and 4 one-bedroom units, each with separate hydro meters. Offering approximately 4,220 sq ft of living space, 5 parking spaces, coin-operated laundry, boiler heating system and additional basement space. Fully tenanted with established rental income and significant future upside as tenancies turn over. Conveniently located minutes from Victoria Park, Bayfront Park, West Harbour GO, public transit, downtown Hamilton and the shops and restaurants of Locke Street. An opportunity for investors to acquire an established income-producing property in one of Hamilton's most convenient and desirable central locations. Property being sold under Power of Sale on an "as is, where is" basis. (id:13843)

Features and Additional Information

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$1,049,000 Active
3,500 sqft

Presented By Trevor Docherty, Broker/Owner

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Get in touch today! Phone: 1-705-787-5060
Brokerage
RE/MAX ESCARPMENT REALTY INC.
1-905-575-5478
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Area Information

| County |

$ 1,049,000
This listing is play_arrow 0.0% lower than the average in the area
$ 1,049,000 in the area
3,500 SqFt
This listing is play_arrow 9.3% smaller than the average in the area
3,860 SqFt in the area
$ 300 $/SqFt
This listing is play_arrow 9.3% more than the average in the area
$ 274 $/SqFt in the area
46 days on site
This listing is play_arrow 5.2% below the average in the area
49 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By MATTHEW ADEH
Brokerage: RE/MAX ESCARPMENT REALTY INC.

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