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113 Wellington ST S Hamilton, ON L8N 2R3
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Key Details
Sold Price $645,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Beasley
MLS Listing ID X9236533
Style 3-Storey
Annual Tax Amount $5,312
Tax Year 2024
Property Sub-Type Triplex
Property Description
**Excellent Investment Opportunity** **Positive Cash Flow ** Welcome to this Legal Non-Conforming Triplex featuring 5 bedrooms, 3 full baths, and 3 kitchens, each with separate hydro meters. With 3 parking spots, this property is an excellent investment opportunity. The main floor has a 2-bedroom suite with separate living and dining rooms, kitchen, and potential rent of $1,500. The 2nd floor offers a 2-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, also renting for $1,600. The 3rd floor features a 1-bedroom suite with separate living and dining rooms, kitchen, 3-piece bath, and den, with potential rent of $1,100. Total rental income is approximately $4,200 monthly, which can exceed mortgage payments. Located near Mohawk college, Mc Master university, St Peters hospital, St. Joseph's Healthcare, Trillium Place and other amenities, this triplex offers strong rental potential and positive cash flow.
Location
Province ON
County Hamilton
Community Beasley
Area Hamilton
Rooms
Bedrooms 5
Bathrooms 3.0
Family Room No
Kitchen 3
Interior
Cooling Central Air
Exterior
Parking Features Street Only
Pool None
Roof Type Shingles
Building
Foundation Concrete
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