Space
Finished area and layout
- Square Feet
- 1,500-2,000 sqft
- Bedrooms
- 6
- Bathrooms
- 3
Property Snapshot
MLS #X13518762
Finished area and layout
Type, style and structure
This 6-bedroom, 3-bathroom multi-family in Hamilton offers 1,500-2,000 sqft of square feet on a 45.1 x 22.3 FT lot. 2 storeys. The home features forced air, natural gas heating, central air conditioning.
4 Rosemont Avenue Hamilton is an Investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio. (id:60351)
Cross Streets: Barton St E and Sherman Ave N. ** Directions: Rosemont Ave.
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Land, frontage and setting
Price, taxes and monthly charges
Listed by Mina Bishay, EXP REALTY
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Listed by Mina Bishay, EXP REALTY · MLS# X13518762
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