Hamilton (durand), ON L8P2K5,172 MARKLAND STREET
Hamilton (durand), ON L8P2K5,172 MARKLAND STREET
Hamilton (durand), ON L8P2K5,172 MARKLAND STREET
Hamilton (durand), ON L8P2K5,172 MARKLAND STREET
Hamilton (durand), ON L8P2K5,172 MARKLAND STREET
Hamilton (durand), ON L8P2K5,172 MARKLAND STREET
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$ 1,749,900
Est. payment | /mo

8 Beds

6 Baths


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$ 1,749,900
Est. payment | /mo
Save

8 Beds

6 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Durand

MLS® Listing ID X9769043

Bedrooms 8

Originating Board Niagara Association of REALTORS®

Property Description

Are you looking for a robust investment opportunity with versatility to match your portfolio needs? Consider this exceptional property. This well-maintained asset has been recently updated with new windows, boiler, upgraded stairs and decking, fresh paint, landscaping, resurfaced front porches, and reconfigured parking. It also includes a fully insulated 12x15 accessory dwelling unit (ADU) equipped with hydro, with water/plumbing permits on the way and expected to be finalized before closing. The property has potential for heritage designation, appealing to those with an interest in preserving character real estate. Additionally, it offers an option to be restored to a side-by-side executive duplex, blending seamlessly with the distinguished homes in this affluent neighborhood. Currently generating a gross income of $126,780 across its six units, this property has appreciated significantly purchased at $1.52M and now appraised at over $1.9M. It also qualifies for an MLI Select mortgage, making it an appealing addition to your investment strategy. Full financials available upon request. (id:24570)

Location

Province ON

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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dana@artlee.ca

700, 1816 Crowchild Trail NW, Calgary, T2M, 3Y7, Canada

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172 MARKLAND STREET