8 St Matthews AVE new

Hamilton,ON L8L 5P3

$ 1200000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Beasley

MLS Listing ID X12429432

Style 2-Storey

Bedrooms 8

Annual Tax Amount $4,599

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Turn-Key 4-Unit Investment Property in a Prime, Established Neighbourhood. Well-maintained and fully functional fourplex ideally located near schools, public transit, and shopping amenities. The property features five separate hydro meters, four individual furnaces, and four hot water heaters, offering independent utility setups for each unit. Units 1, 2, and 4 are currently leased; Unit 3 is vacant and offers an estimated rental income of $1,495/month, presenting an excellent opportunity for owner-occupancy or immediate leasing. Situated on a good sized lot with three parking space, 2 of which are in the garage. The property also includes a walk-up basement with a shared laundry area and additional space. Ideal for investors seeking reliable cash flow in a high-demand rental area. Interior pictures are for vacant unit #3 ONLY

Location

Province ON

County Hamilton

Community Beasley

Area Hamilton

Rooms

Family Room No

Basement Finished,Walk-Up

Kitchen 4

Interior

Interior Features Separate Heating Controls,Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Lane

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 36.0

Lot Depth 97.0

Total Parking Spaces 3

Building

Building Age 100+

Unit Features Hospital,Park,Place Of Worship,Public Transit,School

Foundation Unknown

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