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262 Robert Street Hamilton, Ontario L8L 2R4

2500 sqft
2 Level, Multi-Unit Wall Unit Forced Air

$1,149,900

Welcome to 262 Robert Street! This meticulously updated, legal 4-unit building features four beautifully finished 1BR apartments, perfect for savvy investors or those seeking owner-occupancy. Located in a strategic downtown area, you'll enjoy the convenience of nearby amenities, shops, and restaurants. With two units currently vacant, you have the unique opportunity to choose your own tenants or move in yourself while enjoying rental income from the other units. Offered at a 6.3% cap rate, this prime investment is enhanced by recent major capital improvements, including a new roof (2024), new furnace (2024), new windows (2021), and new AC units (2021). Don’t miss this opportunity to own a well-maintained property in a desirable location! (id:31697)

Business

BusinessType Residential
BusinessSubType Residential

Property Details

MLS® Number H4202333
Property Type Multi-family
AmenitiesNearBy Hospital, Public Transit, Recreation, Schools
CommunityFeatures Community Centre
EquipmentType Water Heater
Features Park Setting, Park/reserve, Double Width Or More Driveway, Paved Driveway, Carpet Free
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

Appliances Dryer, Refrigerator, Stove, Washer
ArchitecturalStyle 2 Level, Multi-unit
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructionStyleAttachment Detached
CoolingType Wall Unit
ExteriorFinish Brick, Vinyl Siding
FireProtection Fire Alarm System, Smoke Detectors
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeExterior 2500 Sqft
SizeInterior 2500 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Hospital, Public Transit, Recreation, Schools
Sewer Municipal Sewage System
SizeDepth 90 Ft
SizeFrontage 25 Ft
SizeIrregular 25.05 X 90.77
SizeTotalText 25.05 X 90.77|under 1/2 Acre
ZoningDescription R1a

https://www.realtor.ca/real-estate/27264018/262-robert-street-hamilton

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