25 West Avenue S, Hamilton, Ontario

About 25 West Avenue S

Solid 7-unit investment opportunity in Hamilton's sought-after Corktown neighbourhood. This well-maintained asset features six oversized 1-bedroom + den units and one 1-bedroom basement suite, with the larger units offering strong potential for conversion to 2-bedroom layouts, creating a clear value-add opportunity. Current operations generate a 6.1% cap rate based on existing income and expenses, supported by a stable tenant base and consistent rental demand. The property benefits from separately metered hydro, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear parking area. Six units feature private balconies with rear fire escape access. Well-maintained common areas and attractive landscaping contribute to tenant retention and curb appeal. Ideally situated in a high-demand rental location close to downtown Hamilton, major transit routes, hospitals, employment centres, and everyday amenities. An excellent opportunity for investors seeking stable cash flow with meaningful upside through future unit optimization and rental growth. (id:6289)

More Info on this 142 - Corktown MLS® listing

25 West Avenue S is a listing for sale in Hamilton. The MLS® number is 40840824. It was built in 1910, features 7 bedrooms, 7 bathrooms and covers 4,800 square feet. It's currently listed for $1,575,000. For more details on MLS® 40840824, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in 142 - Corktown is available now!

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