For Sale

261 MOHAWK Road, Hamilton, Ontario L9A2H5

$1,699,000

261 MOHAWK Road, Hamilton, Ontario L9A2H5 is For Sale and has a listing price of 1,699,000. The property is located in the Bruleville neighbourhood. It's been on the website for 11 Days.

  • Multi-family
    Property Type
  • 10
    Bedrooms
  • 6
    Bathrooms
  • 6
    Parking Spaces
  • MLS ID: 40691654
  • Office Name The Agency
Property Description

Located in one of the most sought-after neighbourhoods, this well-maintained 6-unit multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area. With a total annual rental income exceeding $90,000, this property boasts a strong return on investment. The solid brick building features two 1-bedroom apartments and four 2-bedroom apartments, each designed with functional layouts, durable finishes, ensuring long-term tenant satisfaction. 50% of the apartments have been renovated! Each unit enjoys spacious living areas, ample natural light, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2015 and new security system in 2020, provide stability and low maintenance, while the current rental income offers immediate cash flow. Don’t miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio. (id:43137)

Property Details
  • Bedrooms: 10
  • MLS ID: 40691654
  • Bathrooms: 6
  • Price: $1,699,000
  • Transaction Types: For Sale
  • Ref ID: 27821019
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/20/2025 40691654 $1,699,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Bruleville
  • $794,858 Average List Price
    based on 1 year
  • 5 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.75 % Up
  • Sold (12mo) 14
  • Rented (12mo) 1

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 76 Walk Score
    Very Walkable
  • 51 Transit Score
    Good Transit
  • 52 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    89.87%
  • Commercial
    0.84%
  • Condo
    9.28%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Heating System Radiant Heat
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 6
  • Property Features Laundry- Coin Operated
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 20/01/2025 00:00:00
  • Zoning Ag - General
  • Agent Name: Liam Hope
  • Address Subdivision: 176 - Hill Park
  • Last Updated: 21/01/2025 19:06:40
Open House Dates
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