Seventeen (17) Unit Low-Rise Apartment Building on the Hamilton Mountain with an estimated Cap Rate of 4.16%! This fully-occupied property includes seventeen 1-bedroom, 1-bathroom units, 12 of which have been fully updated. All units include refrigerator, stove and microwave. Surface parking for 20 cars, coin-operated shared laundry (machines owned), and located conveniently near tons of amenities, Limeridge mall, major highways, and just a short drive to downtown Hamilton. Estimated building financials based on 2021. Take possession and start collecting passive income immediately with this incredible investment opportunity! Gross Rental Income $250,000!
Building Features:
Located on Hamilton Mountain, Est. Cap Rate of 4.16%, 17 1-bed 1-bath units, Surface parking for 20 cars, Gross Rental Income $250, 000
Stories:
2
Property Information
Lot Information
Lot Size:
0.31 ac.
Lot Dimensions:
100.00 X 135.00
Utilities
Cooling:
Yes
Heating:
Yes
Estimated Monthly Payments
Monthly Total$15,387
Monthly TaxesN/A
Interest6.00%
Down Payment20.00%
Mortgage Calculator
Monthly Mortgage Cost$15,387Monthly Charges
Total Monthly Payment$15,387
Calculation based on:
Price:
$3,208,029
Charges:
* Additional charges may apply
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