Hamilton, Durand, L8P 3H8
$1,349,999
Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES.
Amazing multi family property in downtown Hamilton steps to the core and surrounded by new development projects. This Victorian Mansion still keeps its charm and character while being a great investment for your portfolio. All units have separate hydro meters and there is shared coin op laundry in the basement. Main floor is a very large one bedroom that is currently being used as 2 bedrooms. The 2nd floor is a spacious 3 bedroom unit with a living room. 3rd floor is a well maintained 2 bedroom unit with a long term tenant. Basement is a great size 2 bedroom unit. All units except the 3rd floor will be vacant on closing. This gives the new buyer a chance to add value to the building and pick their own tenants. Great location for tenants with Go Train station a short walk, St Joe's hospital not far away, and James St S & Augusta with all the newest best restaurants in town. Properties like this don't come to the market often.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 2 times before. To view this property's sale price history please sign in or register: