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170-172 Markland Street Hamilton, Ontario L8P 2K5

8 Bedroom 6 Bathroom 3542 sqft
Wall Unit Radiant Heat

$1,200,000

Exceptional Turnkey Investment Opportunity – 172 Markland Avenue, Hamilton. Add a solid income-producing asset to your portfolio with this well-maintained 6-unit purpose-built apartment building in Hamilton. Featuring 2 bachelor units and 4 spacious two-bedroom units, this property offers a desirable unit mix with strong rental appeal and consistent income potential. Professionally managed, the building has benefited from numerous capital upgrades over the years, allowing investors to acquire a property with ongoing care and reduced maintenance concerns. Tenants enjoy the convenience of shared laundry facilities located in the partially finished basement, while the lower level also offers additional storage and future potential. Situated in an established neighbourhood with convenient access to public transit, shopping, schools, parks, and major commuter routes, this investment is well-positioned to attract and retain quality tenants. Whether you're expanding your portfolio or entering the multi-residential market, 172 Markland Avenue presents an excellent opportunity to own a professionally managed, income-generating property in one of Hamilton's strong rental markets. (id:61499)

Property Details

MLS® Number 40862374
Property Type Multi-family
AmenitiesNearBy Hospital, Park, Public Transit, Schools, Shopping
EquipmentType Water Heater
ParkingSpaceTotal 7
RentalEquipmentType Water Heater

Building

BathroomTotal 6
BedroomsTotal 8
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1910
CoolingType Wall Unit
ExteriorFinish Aluminum Siding, Stucco
FoundationType Stone
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 3542 Sqft
UtilityWater Municipal Water

Parking

Detached Garage

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Hospital, Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 75 Ft
SizeFrontage 57 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription D

https://www.realtor.ca/real-estate/30261975/170-172-markland-street-hamilton

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Brad Magarrey
Salesperson


RE/MAX Escarpment Realty Inc.
109 Portia Drive Unit 4b
Ancaster, Ontario L9G 0E8

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