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$ 949,000
Est. payment /mo
Active
85 Wilson ST Hamilton, ON L8R 1C7
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Beasley
MLS Listing ID X12201532
Style Other
Bedrooms 5
Annual Tax Amount $4,500
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Turn-Key 4-Plex Investment Opportunity in Prime Downtown Location. Rare opportunity to own a fully tenanted and updated 4-unit multiplex in the heart of downtown, just steps from Jackson Square and within walking distance to all major amenities.This well-maintained building features three 1-bedroom units and one 2-bedroom unit, each separately metered for hydro, offering strong income and minimal overhead. With a gross annual income of $84,000, this is the perfect property for first-time or seasoned investors looking for reliable cash flow. Property Highlights:Unit Mix: 3 x 1-Bedroom, 1 x 2-BedroomGross Income: $84,000 per year Condition: All units updated and furnished to standard. Features: Terrazzo floors in hallways, carpeted stairsFire Safety: Fire alarms and extinguishers on each hallway levelExtras: Locker room, on-site parkingSecurity: Very secure buildingThis is a hands-off, income-generating property in a high-demand area nothing to do but collect rent. Ideal for investors seeking stability and strong rental demand in a growing urban market.
Location
State ON
County Hamilton
Community Beasley
Area Hamilton
Rooms
Family Room No
Basement Full, Finished
Kitchen 4
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.0
Lot Depth 60.0
Total Parking Spaces 1
Building
Unit Features Hospital,Place Of Worship,Public Transit,School Bus Route,School
Foundation Concrete Block
Listed by RE/MAX ABOUTOWNE REALTY CORP.