Multiplex · For sale
167-177 Wilson Street, Hamilton
$1,674,900
Listing brokerage: RIGHT AT HOME REALTY · MLS® X13528686
Property report for this address · zoning, second units, flood, schools (public records)
- Listing brokerage
- RIGHT AT HOME REALTY
- Type
- Multiplex
- Deal
- For sale
- Category
- Residential · Multi-unit homes
- Bedrooms
- 18
- Bathrooms
- 6
- Size
- 5000 + sq ft
- Lot
- 16 x 63 ft
- Area
- Beasley
- MLS® number
- X13528686
Description
Prime Downtown Development Gem & Income-Producing Unmissable Opportunity with 7.6% CAP RATE. Secure a high-performing asset with unparalleled future upside. This is a rare chance to acquire six side-by-side Townhouses in a prime Downtown location, offering immediate and significant cash flow from day one. Enjoy a massive annual NOI of $126,743 (Gross Income: $149,892). Tenants cover all utilities directly, ensuring minimal landlord overhead. Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. 2 Units are Vacant and have been recently renovated, ready for new Tenants. The property already holds downtown zoning for an ambitious seven-story mixed-use development. Buyer has the option to pursue severance to create six individual standalone properties, or inquire about acquiring neighboring properties (potentially the entire block) for a transformative large-scale project. The surrounding area is a diverse, high-demand community, perfectly positioned for a dynamic "Live-Work-Play" concept that integrates modern residential units with ground-floor commercial space. Act Now! Whether you're seeking a strong cash-flowing asset or a large-scale development platform, this property delivers.
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Public records · not part of the MLS® listing
Before you offer: public records for this address
Looking up flood, heritage, permits and planning records…
