158 HUNTER Street E (40869261)

Listing ID: 40869261

$999,999

Real Broker Ontario Ltd.

**158 HUNTER Street E, Hamilton, Ontario, L8N1M7**
Bathrooms5	Bedrooms3
Property TypeMulti-family	Built in1885
Lot Size0.04 acres	Building Area2385 sqft

$90,840 GROSS ANNUAL RENT | $71,929 NET INCOME | 6.86% CAP RATE AT CURRENT LIST PRICE. A compelling opportunity for investors seeking strong cash flow without taking on a major renovation project. Configured & operated as four self-contained rental suites, the property has undergone extensive upgrades, including: new roof & eaves, furnace & A/C, sewer line to the City, updated copper water line, backwater valve, 200-amp electrical service with separated panels, updated plumbing, windows, HVAC distribution, foundation restoration, exterior grading correction, and significant interior renovations. City inspected during permitted renovations for compliance with fire/life-safety upgrades consistent with multi-residential standards, including hardwired smoke detectors and fire-rated insulation/drywall between suites. Approximately 2,385 sq ft (MPAC), with in-suite laundry throughout, updated kitchens & bathrooms, and excellent tenant appeal. Located in Corktown steps from Hamilton GO Centre, St. Joseph's Healthcare, parks, the rail trail, Augusta Street restaurants, and downtown. Full income and expense breakdown available. (id:33575)

**Details**
GarageNo	CarportNo
Attached GarageNo	Open ParkingNo
WaterfrontNo	Frontage Length19 ft
ViewNo

**Building**
Cooling TypeCentral air conditioning	CoolingYes
HeatingForced air	Heating FuelNatural gas
Levels3	Number Of Units Total4
PoolNo	SewerMunicipal sewage system
Stories3