Solid 7-unit investment opportunity in Hamilton’s desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one-bed suite in the basement, with the six larger units offering excellent potential to be converted into two-bedroom layouts. Strong in-place income supported by a stable tenant base, reflecting a 5.8% cap rate based on current income and expenses, with additional upside through unit reconfiguration. Separate hydro meters, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear lot. Six units offer spacious private balconies with rear fire escape access. Landscaped front yard and well-maintained common areas. Located in a high-demand rental pocket close to downtown, transit, hospitals, and everyday amenities. Ideal for investors seeking stable income today with clear value-add potential. (id:15069)
| MLS® Number | 40803671 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, Community Centre |
| Features | Cul-de-sac, Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 8 |
| Bathroom Total | 7 |
| Bedrooms Total | 7 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1910 |
| Cooling Type | None |
| Exterior Finish | Other, Stone, Stucco |
| Foundation Type | Stone |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 4,800 Sqft |
| Utility Water | Municipal Water |
| Open |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 121 Ft |
| Size Frontage | 52 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | E |
https://www.realtor.ca/real-estate/29341751/25-west-avenue-s-hamilton
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