262 Robert Street new

Hamilton,ON L8L 2R4

$ 1049900

4 Beds

4 Baths

2500 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $419

MLS Listing ID 40773685

Bedrooms 4

Annual Tax Amount $4,162

Property Sub-Type Multi-4 Unit

Property Description

Welcome to 262 Robert Street! This meticulously updated, LEGAL 4-unit building offers 4 beautifully finished 1BR apartments, making it an excellent and rare investment opportunity. Located one block from the General Hospital and conveniently located downtown, it provides easy access to nearby amenities, shops, and restaurants. With a solid 6.41% cap rate, this property is further enhanced by recent major capital improvements, including a new roof (2024) and furnace (2024), as well as all new windows and doors (2021) and AC units (2021). Live in one unit while the other three cover your mortgage and expenses. Don't miss this chance to own a well-maintained, income-generating property in a prime location!

Location

Province ON

County Hamilton

Area 14 - Hamilton Centre

Zoning R1a

Rooms

Kitchen 0

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Laundry Shared

Exterior

Parking Features Asphalt

Roof Type Asphalt Shing

Building

Lot Description Rectangular,Hospital,Library,Park,Place of Worship,Public Transit,Rec./Community Centre,Schools

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Dr. J. E. Davey Elementary School & St. Patrick

High Schools Cathedral & Bernie Custis

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