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262 Robert Street Hamilton, Ontario L8L 2R4

4 Bedroom 4 Bathroom 2500 sqft
2 Level Forced Air

$1,149,900

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:27910)

Business

BusinessType Residential

Property Details

MLS® Number XH4202333
Property Type Multi-family
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

Building

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

Land

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