93 BARNESDALE BOULEVARD new Save Request In-Person Tour Request Virtual Tour
Hamilton (stipley),ON L8M2V5
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $242
Subdivision Stipley
MLS Listing ID X12353731
Bedrooms 5
Property Description
LEGAL non-conforming triplex situated on a quiet boulevard in the Hamilton downtown core. This massive value add opportunity features 3814 (5000 sq ft including basement) square feet ready for stabilization. Unit mix includes main floor- 2bed, 1bath (1426 sq ft) $2152.50 + hydro, second floor 2bed, 1 bath (1426 sq ft) $1063 + hydro, third floor/loft 1bed, 1bath $1048 + hydro. All on month to month leases. Square footage is spread out effectively creating large units with upside on renovations and reconfiguring the space. Loft unit was renovated in the last few years. The opportunity continues with an unspoiled 1242 sq ft basement w/ walk-up & high ceilings optimal for creating storage lockers and possible coin op laundry setup for the building. Zoned the coveted R1A you'll also find ease in a large detached garage (306 sq ft) perfect for a 4th legal unit. Lastly, the parcel includes a semi-detached 1 bay garage on the opposite side (ideal for storage/possible income-176 sq ft). Endless upside with this massive asset including ample parking & a reconstructed roof (including sheathing) in 2015. Potential stabilized rent of almost $8000 across 4 units. Second floor unit is VACANT! Allowing for market rent and access to unit renovations immediately! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Cooling Window air conditioner
Exterior
Parking Features Yes
View Y/N No
Building
Story 2.5
Sewer Sanitary sewer