4 Rosemont Avenue, Hamilton (Stipley), Ontario

About 4 Rosemont Avenue

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:6289)

More Info on this Stipley Triplex MLS® listing

4 Rosemont Avenue is a triplex listing for sale in Hamilton (Stipley). The MLS® number is X13518762. It features 6 bedrooms, 3 bathrooms. It's currently listed for $599,900. For more details on MLS® X13518762, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in Stipley is available now!

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