25
See all 25 photos
$849,900
Est. payment /mo
5 Beds
3 Baths
3,814 SqFt
New
93 BARNESDALE Boulevard Hamilton, ON L8M2V5
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,814 sqft
Price per Sqft $222
Subdivision 202 - Gibson/Stipley South
MLS® Listing ID 40761873
Bedrooms 5
Property Sub-Type Freehold
Source Cornerstone Association of Realtors
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
Exterior
Parking Features Yes
Community Features Quiet Area, Community Centre, School Bus
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Revel Realty Inc.
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