8 St. Matthews Avenue Active

Hamilton,ON L8L 5P3

$ 1200000

8 Beds

4 Baths

2922 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,922 sqft

Price per Sqft $410

MLS Listing ID 40769027

Bedrooms 8

Abv Grd Liv Area 2,922

Year Built 1907

Annual Tax Amount $4,599

Property Sub-Type Multi-4 Unit

Source Cornerstone

Property Description

Turn-Key 4-Unit Investment Property in a Prime, Established Neighbourhood. Well-maintained and fully functional fourplex ideally located near schools, public transit, and shopping amenities. The property features five separate hydro meters, four individual furnaces, and four hot water heaters, offering independent utility setups for each unit. Units 1, 2, and 4 are currently leased; Unit 3 is vacant and offers an estimated rental income of $1,495/month, presenting an excellent opportunity for owner-occupancy or immediate leasing. Situated on a good sized lot with three parking space, 2 of which are in the garage. The property also includes a walk-up basement with a shared laundry area and additional space. Ideal for investors seeking reliable cash flow in a high-demand rental area. Interior photos are for vacant unit #3 ONLY.

Location

Province ON

County Hamilton

Area 13 - Hamilton Centre

Zoning D

Direction Barton Street E to St. Matthews Ave

Rooms

Basement Walk-Up Access,Full,Partially Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls,Separate Hydro Meters

Heating Forced Air,Natural Gas

Cooling None

Fireplace No

Appliance Dishwasher,Refrigerator,Stove

Laundry Shared

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Roof Type Shingle

Lot Frontage 36.0

Lot Depth 97.0

Garage Yes

Building

Lot Description City Lot,Park,Place of Worship,Public Transit,Schools,Shopping Nearby

Faces Barton Street E to St. Matthews Ave

Story 2

Sewer Sewer (Municipal)

Water None

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 171860132

Ownership Freehold/None

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