253 MOHAWK Road E, Hamilton, Ontario L9A2H5

253 MOHAWK Road E
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Located in a sought-after neighbourhood, this well-maintained 6-unit multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area with easy access to public transit. With a total annual rental income exceeding $114,000, this property boasts a strong return on investment and competitive Capitalization Rate of 6% (after vacancy). The solid brick building features two 1-bedroom apartments, three 2-bedroom apartments, and one 3-bedroom apartment-- each with functional layouts and durable finishes, ensuring long-term tenant satisfaction. Each unit enjoys spacious living areas, parking, ample natural light, coin-operated laundry, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2018 and new security system in 2019, provide stability and low maintenance, while the current rental income offers immediate cash flow. Don’t miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

BasementPartially finished, Full
Bathrooms Total6
Bedrooms Total11
HeatingBaseboard heaters
Living Area3800 sqft

Building & Exterior

Exterior FeaturesBrick
Foundation DetailsBlock
Number Of Units Total6
Stories2.0
Year Built1963

Land & Location

Community FeaturesSchool Bus
Frontage Length50.0 feet
Lot FeaturesLaundry- Coin operated
Subdivision Name176 - Hill Park

Listing & Financials

Listing OfficeThe Agency
Originating System NameCornerstone Association of REALTORS®

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total6
Security FeaturesSecurity system

For Sale

$1,350,000

253 MOHAWK Road E, Hamilton, Ontario L9A2H5

Beds

11

Baths

6

Living Area

3,800 sqft

Lot Size

-

Property Type

Multi-family

Year Built

1963

Listing ID40798741

Location & Map

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