$1,699,000

Bed, Bath, 2-Storey home is located near UPPER WENTWORTH TO MOHAWK ROAD in Hill Park.

Located in one of the most sought-after neighbourhoods, this well-maintained 6-unit multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area. With a total annual rental income exceeding $90,000, this property boasts a strong return on investment. The solid brick building features two 1-bedroom apartments and four 2-bedroom apartments, each designed with functional layouts, durable finishes, ensuring long-term tenant satisfaction. 50% of the apartments have been renovated! Each unit enjoys spacious living areas, ample natural light, 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 2015 and new security system in 2020, provide stability and low maintenance, while the current rental income offers immediate cash flow potential. Dont miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio.

261 Mohawk Rd E, Hamilton is a bedroom, bathroom residential 2-Storey multiplex home. 261 Mohawk Rd E, Hamilton is conveniently located in the Hill Park neighbourhood of Hamilton Ontario. 261 Mohawk Rd E, Hamilton is an MLS®-Listed home with an asking price of $1,699,000. This residential property has been listed on ctfrealty.com for 1 days. The home is 31-50 years old. Based on the Listing Price of 261 Mohawk Rd E, Hamilton, the estimated monthly mortgage payment would be $8,209. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 261 Mohawk Rd E, Hamilton are approximately $6,858/year based on 2024 assessment.

This 2-Storey multiplex home located at 261 Mohawk Rd E, Hamilton features a Brick exterior. The lot size of this East facing property is 50 x 135 feet. The property has 6 parking spaces. The home has Other fueled Radiant heating. Features of 261 Mohawk Rd E, Hamilton include hospital, park, place of worship, public transit, .