145 Emerald Street South, Hamilton | Image 1

145 Emerald Street South

Hamilton, Stinson

  • Commercial

$1,249,000
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: "E" Multiple dwe

  • Age: 100+ years

  • Taxes: 8185

  • MLS®#: X7358668

  • Days on Site: 122 Days

  • Added: Dec 15, 2023 (4 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Introducing a remarkable investment opportunity for the savvy investor in the heart of the historic Stinson neighborhood! Nestled within a charming century home, this 6-unit multiplex exudes character and potential. The property boasts six, fully occupied units. Contemporary updates and renovations ensure that your tenants enjoy modern finishes, (shingles ' 13, boiler '13, wiring, plumbing, kitchens and bathrooms in 2012,). The desirable Stinson neighborhood, with it's quick mountain accesses, multiple parks and public transit options ensures strong demand for rental properties Don't miss the chance to own a piece of Stinson history while securing your financial future. This multi-unit century home, with its positive cash flow potential, represents an extraordinary investment opportunity in one of Hamilton's most sought-after neighborhoods. Act quickly and make your mark on this historic gem before it's gone!

Extras

(2012) new wiring, new plumbing, new kitchens, new bathrooms, washer & dryer most units (2013) new shingles, new boiler, (2021) new hot water heaters x2 rented through Reliance

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Hamilton

  • Community: Stinson

  • Availability Date: Flexible

  • Assessment Amount: $617,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 23, REGISTRAR'S COMPILED PLAN 1360 ; HAMILTON

  • Taxes: $8,185

  • Expenses: Act

  • Taxes Type: Annual

Land

  • Cross Street: North On Emerald Fro

  • Municipality District: Hamilton

  • Parcel Number: 171760032

  • Sewer: San+Storm

  • Lot Depth: 165.34 Feet

  • Lot Frontage: 50.1 Feet

  • Lot Irregularities: 50.10X135.28 X30.06X

  • Zoning: "E" Multiple dwe

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/1_6_145_emerald_st_s_hamilton_on/

Commercial Specific

  • Sprinklers: N

  • Total Area: 4764

  • Total Area Metric: Sq Ft

  • Office Size: 4764

  • Office Size Metric: Sq Ft

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: Y

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