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$ 1,200,000
Est. payment /mo
Active
8 St Matthews AVE Hamilton, ON L8L 5P3
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Beasley
MLS Listing ID X12429432
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,599
Tax Year 2024
Property Sub-Type Fourplex
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 pictures are for vacant unit #3 ONLY
Location
Province ON
County Hamilton
Community Beasley
Area Hamilton
Rooms
Family Room No
Basement Finished, Walk-Up
Kitchen 4
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Garage Spaces 2.0
Pool None
Roof Type Shingles
Lot Frontage 36.0
Lot Depth 97.0
Total Parking Spaces 3
Building
Building Age 100+
Unit Features Hospital,Park,Place Of Worship,Public Transit,School
Foundation Unknown
Listed by SUTTON GROUP - SUMMIT REALTY INC.
