Attention investors!! LEGAL TRIPLEX in Hamiltons booming Corktown neighbourhood. Fully city-approved with three self-contained, separately metered units. Ideal for investors or end-users seeking cash flow with peace of mind. One long-term tenant in place; two vacant units ready for market rents. Strong unit mix: main floor 1-bedroom (also zoned for various retail uses), second-floor 2-bedroom, and third-floor 1-bedroom - each with its own furnace and HWT. Tenants to pay their own utilities, keeping operating costs low. Major capital upgrades already completed: new roof (2024), updated plumbing and electrical, and a steel fire escape for fire code compliance. A turn-key, low-maintenance asset in one of Hamiltons most walkable and vibrant neighbourhoods. Just a 4-minute walk to the Hamilton GO Centre, 6-minute walk to St. Josephs Hospital, and steps to restaurants, pubs, amenities, and transit. ~10-minute walk to Downtown. A top-tier rental location, perfect for commuters, healthcare professionals, and tenants who want everything outside their front door. (id:4069)
Address
55 YOUNG STREET
List Price
$824,900
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Hamilton (corktown)
Bedrooms
4
Bathrooms
3
Floor Area
25,003,000 Sq. Ft.
Lot Size
25.7 x 70 FT Sq. Ft.
MLS® Number
X12191224
Listing Brokerage
REAL BROKER ONTARIO LTD.
Basement Area
N/A
Postal Code
L8N1V1
Site Influences
Hospital, Park, Place of Worship, Public Transit
Amenities
Separate Heating Controls, Separate Electricity Meters