154-156 Freelton Road

Hamilton (Freelton), Ontario L8B0Z5

MLS # X13207934

$1,550,000

Property Details

Type

Multi-Family

Beds

Baths

Status

For Sale

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About this property

Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA.

Mortgage Estimate

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Property taxes: about $438/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Kitchen	Second level	6.43 x 4
Living room	Second level	3.96 x 4
Bedroom	Second level	2.66 x 2.4
Primary Bedroom	Second level	2.84 x 2.97
Bathroom	Second level	0 x 0
Kitchen	Main level	4.04 x 3.9
Bedroom	Main level	2.48 x 2.67
Primary Bedroom	Main level	3.58 x 2.97
Bathroom	Main level	0 x 0