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93 BARNESDALE Boulevard Hamilton, ON L8M2V5
5 Beds
3 Baths
3,814 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,814 sqft
Price per Sqft $235
Subdivision 202 - Gibson/Stipley South
MLS® Listing ID 40728470
Bedrooms 5
Originating Board Cornerstone - Hamilton-Burlington
Property Sub-Type Freehold
Property Description
LEGAL non-conforming triplex situated on a quiet boulevard in the Hamilton downtown core. This massive value add opportunity features 3814 (5000 sq ft including basement) square feet ready for stabilization. Unit mix includes main floor- 2bed, 1bath $2152.50 + hydro, second floor 2bed, 1 bath $1063 + hydro, third floor/loft 1bed, 1bath $1048 + hydro. All on month to month leases. Square footage is spread out effectively creating large units with upside on renovations and reconfiguring the space. Loft unit was renovated in last few years. The opportunity continues with an unspoiled 1242 sq ft basement w/ walk-up & high ceilings optimal for creating storage lockers and possible coin op laundry setup for the building. Zoned the coveted R1A you'll also find ease in a large detached garage (306 sq ft) perfect for a 4th legal unit. Lastly, the parcel includes a semi-detached 1 bay garage on opposite side (ideal for storage-176 sq ft). Endless upside with this massive asset including ample parking & a reconstructed roof (including sheathing) in 2015. Potential stabilized rent of almost $8000 across 4 units. Second floor unit will be VACANT on possession! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
Community Features Quiet Area, Community Centre, School Bus
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
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