Opportunity knocks once on this turnkey triplex that investor dreams are made of. Welcome to the pinnacle of luxury multi-residential real estate with unbeatable returns on your investment. This spectacular property has been professionally designed, permitted and renovated from top to bottom and inside out. Situated in the highly desirable St. Clair neighbourhood on a quiet dead-end street, 184 Burris is perfectly located in between the amenities of downtown Hamilton to the west and the famous Gage Park to the east. Fully occupied with A+ tenants paying market rents, the building is loaded with features and amenities. Each of the 3 self-contained units enjoys their own parking, separate entrances, in-suite laundry, air conditioning and individual hydro meters. Exquisite renovations throughout the entire building include luxury vinyl plank flooring, custom stairs & railings, modern kitchens & bathrooms, quartz countertops, upscale interior doors & hardware, trendy electrical light fixtures and all new appliances. Plumbing, electrical and HVAC have all been updated to ensure the property is not only gorgeous to look at, but highly functional and reliable for the owner & tenants alike. You will not find another Hamilton triplex like this one, so book your appointment today before this incredible investment is scooped up. |
Price | $1,350,000 |
Taxes: | $3588.26 |
Tax Type: | Annual |
Assessment: | $310000 |
Assessment Year: | 2023 |
Occupancy by: | Tenant |
Address: | 184 Burris St , Hamilton, L8M 2J8, Ontario |
Postal Code: | L8M 2J8 |
Province/State: | Ontario |
Legal Description: | PT LT44, PL215 , AS IN VM39802; T/W VM39 |
Lot Size: | 30.00 x 101.00 (Feet) |
Directions/Cross Streets: | Cumberland Ave |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 2107.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 100 |
Office/Appartment Area Code: | % |
Area Influences: | Public Transit Rec Centre |
Financial Statement: | N |
Chattels: | Y |
Franchise: | N |
LLBO: | N |
Taxes Expense: | $3588 |
Insurance Expense: | $1685 |
Heat Expenses: | $982 |
Hydro Expense: | $0 |
Water Expense: | $1542 |
Gross Income/Sales: | $73800 |
Net Income Before Debt: | $65528 |
Year Expenses: | 8272 |
Expenses Actual/Estimated: | $Est |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KELLER WILLIAMS EDGE REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Central |
Lot Size: | 30.00 x 101.00(Feet) |
Tax: | $3,588.26 |