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USD 2,396,730

170 CHARLTON Avenue E
Hamilton, Ontario

Property Description

ATTENTION Investment Visionaries! New Year, New Opportunities. Check out this Corktown apartment building- currently 17 doors. (Converted from 12 units and can be converted back to allow for some larger units). This property has the capacity to strengthen the cap rate simply by making some enhancements such as separating hydro, cosmetically revamping units & common areas, as well as maximizing the overall space and functionality. Upgrades include but not limited to; Fire Code compliant Boiler overhauled 2021, Windows & Balcony Doors approx. 2019, Roof approx. 2014. Potential to build up a few stories (Do your own due deligence). Corktown is the old Hamilton but is transforming to include the trends and tastes of city living. Close to GO Station St. Josephs Hospital, several schools, and a rec centre, trails, art gallery & more. (id:885)

Courtesy of RE/MAX Real Estate Centre Inc.

Property Details

ID #
H4123719
Status
Sale
Type
Multi-family, Multi-Unit, Multi-Family, Multi Residential, Residential
Postal Code
L8N1Y9
Building Area
730m2
Septic
City sewer
Construction Style Attachment
Detached
Equipment Type
Water Heater
Exterior
Brick
Heating Fuel
Natural gas
Heating Type
Boiler
Life Style
Urban
Parking Space Total
12
Rental Equipment Type
Water Heater
Size Frontage
47 ft
Utility Water
Municipal water
Zoning Description
Clubs etc.), E (Multiple Dwellings, Lodges

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