Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don't come around often. RSA (id:52316)
RE/MAX ESCARPMENT REALTY INC.
$1,550,000
154 - 156 FREELTON ROAD, Hamilton, Ontario
13 Bedrooms
11 Bathrooms
Property
MLS® Number: X12263234
Address: 154 - 156 FREELTON ROAD
City: Hamilton
Exterior: Vinyl siding
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 9
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Property Sale History
Travel and Neighbourhood
20/100Walk Score®
Car-Dependent
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Location
