262 Robert Street Hamilton, Ontario L8L 2R4

$1,099,900

Welcome to 262 Robert Street! This meticulously updated, fully tenanted, LEGAL 4-unit building offers four beautifully finished 1-bedroom apartments, making it an excellent and rare investment opportunity. Located in a vibrant downtown area, it provides easy access to nearby amenities, shops, and restaurants. With a solid 6.37% cap rate, this property is further enhanced by recent major capital improvements, including a new roof and furnace (2024), as well as new windows and AC units (2021). Don’t miss this chance to own a well-maintained, income-generating property in a prime location! (id:57069)

Business

Business Type

Residential

Property Details

MLS® Number	XH4202333
Property Type	Multi-family
Amenities Near By	Hospital, Park, Place Of Worship, Public Transit, Schools
Community Features	Community Centre
Equipment Type	Water Heater
Features	Paved Driveway, Carpet Free, No Driveway
Parking Space Total	2
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Total	4
Architectural Style	2 Level
Basement Development	Unfinished
Basement Type	Full (unfinished)
Construction Style Attachment	Detached
Exterior Finish	Brick, Vinyl Siding
Fire Protection	Fire Alarm System, Smoke Detectors
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,500 Ft2
Type	Fourplex
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer	Municipal Sewage System
Size Depth	91 Ft
Size Frontage	25 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	R1a

https://www.realtor.ca/real-estate/27427656/262-robert-street-hamilton