Welcome to 262 Robert Street! This meticulously updated, legal 4-unit building features four beautifully finished 1BR apartments, perfect for savvy investors or those seeking owner-occupancy. Located in a strategic downtown area, you'll enjoy the convenience of nearby amenities, shops, and restaurants. With two units currently vacant, you have the unique opportunity to choose your own tenants or move in yourself while enjoying rental income from the other units. Offered at a 6.3% cap rate, this prime investment is enhanced by recent major capital improvements, including a new roof (2024), new furnace (2024), new windows (2021), and new AC units (2021). Don’t miss this opportunity to own a well-maintained property in a desirable location! (id:58043)
BusinessType | Residential |
MLS® Number | XH4202333 |
Property Type | Multi-family |
Neigbourhood | Beasley |
AmenitiesNearBy | Hospital, Park, Place Of Worship, Public Transit, Schools |
CommunityFeatures | Community Centre |
EquipmentType | Water Heater |
Features | Paved Driveway, Carpet Free, No Driveway |
ParkingSpaceTotal | 2 |
RentalEquipmentType | Water Heater |
BathroomTotal | 4 |
BedroomsTotal | 4 |
ArchitecturalStyle | 2 Level |
BasementDevelopment | Unfinished |
BasementType | Full (unfinished) |
ConstructionStyleAttachment | Detached |
ExteriorFinish | Brick, Vinyl Siding |
FireProtection | Fire Alarm System, Smoke Detectors |
FoundationType | Stone |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 2500 Sqft |
Type | Fourplex |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
Sewer | Municipal Sewage System |
SizeDepth | 91 Ft |
SizeFrontage | 25 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | R1a |
https://www.realtor.ca/real-estate/27427656/262-robert-street-hamilton
Contact us for more information
Ryan Kotar
Salesperson