5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units. (id:4069)
| Address |
107-109 BALSAM AVENUE S |
| List Price |
$2,899,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Multi-Family |
| Area |
Ontario |
| Sub-Area |
Hamilton (central) |
| Lot Size |
Bldg=90 x 45.66 FT Sq. Ft. |
| MLS® Number |
X10408730 |
| Listing Brokerage |
MYSAK REALTY INC.
|
| Postal Code |
L8M3B2 |
| Zoning |
DE-2 |
