184 Burris Street, Hamilton | Image 1

184 Burris Street

Hamilton, Central

  • Commercial

$1,295,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: Multi-residentia

  • Age: No Data

  • Taxes: 3588.26

  • MLS®#: X9362871

  • Days on Site: 49 Days

  • Added: Sep 23, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: KELLER WILLIAMS EDGE REALTY

Opportunity knocks once on this turnkey triplex that investor dreams are made of. Welcome to the pinnacle of luxury multi-residential real estate with unbeatable returns on your investment. This spectacular property has been professionally designed, permitted and renovated from top to bottom and inside out. Situated in the highly desirable St. Clair neighbourhood on a quiet dead-end street, 184 Burris is perfectly located in between the amenities of downtown Hamilton to the west and the famous Gage Park to the east. Fully occupied with A+ tenants paying market rents, the building is loaded with features and amenities. Each of the 3 self-contained units enjoys their own parking, separate entrances, in-suite laundry, air conditioning and individual hydro meters. Exquisite renovations throughout the entire building include luxury vinyl plank flooring, custom stairs & railings, modern kitchens & bathrooms, quartz countertops, upscale interior doors & hardware, trendy electrical light fixtures and all new appliances. Plumbing, electrical and HVAC have all been updated to ensure the property is not only gorgeous to look at, but highly functional and reliable for the owner & tenants alike. You will not find another Hamilton triplex like this one, so book your appointment today before this incredible investment is scooped up.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 65528

  • Area: Hamilton

  • Community: Central

  • Availability Date: flexible

  • Assessment Amount: $310,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT44, PL215 , AS IN VM39802; T/W VM39802; Hamilton

  • Taxes: $3,588

  • Expenses: Est

  • Insurance Fee: 1685

  • Heat Expenses: 982

  • Taxes Type: Annual

  • Taxes: 3588

  • Tax Year: 8272

  • Water Fees: 1542

Land

  • Cross Street: Cumberland Ave

  • Municipality District: Hamilton

  • Parcel Number: 172050225

  • Sewer: San+Storm

  • Lot Depth: 101 Feet

  • Lot Frontage: 30 Feet

  • Zoning: Multi-residentia

Commercial Specific

  • Total Area: 2107

  • Total Area Metric: Sq Ft

  • Office Size: 100

  • Office Size Metric: %

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Survey: N

  • Financial Statement: N

  • Gross Income/Sales: 73800

  • LLBO: N

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Map of 184 Burris Street, Hamilton
JK-8

Sacred Heart of Jesus Catholic Elementary School

Elementary: Catholic
0.55 km
JK-8

ÉÉC Notre-Dame

Elementary: Catholic
0.99 km
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
1.04 km
JK-8

Adelaide Hoodless Public School

Elementary: Public
0.79 km
JK-8

George L Armstrong Public School

Elementary: Public
0.88 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
1.26 km
9-12

King William Alter Ed Secondary School

Secondary: Public
1.52 km
9-12

Turning Point School

Secondary: Public
2.09 km
9-12

Vincent Massey/James Street

Secondary: Public
2.33 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
2.32 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.79 km
9-12

Cathedral High School

Secondary: Catholic
0.85 km
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