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For Sale
Apartment Buildings
Ontario
Hamilton
Apartment BuildingFor Sale At 609 MOHAWK Road E In Hamilton, Ontario
Commercial Real Estate
For Sale
Apartment Buildings
Ontario
Hamilton
Apartment BuildingFor Sale At 609 MOHAWK Road E In Hamilton, Ontario
4 Sale ID #255676
Updated 08 Jul 2024
- PHOTOS
- FLOORPLANS
- MAP
Asking Price
$699,999
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to 609 Mohawk Rd East, a charming legal duplex situated on a large corner lot in the lively community of Macassa, Hamilton. This property offers a unique opportunity for both homeowners and investors alike, boasting a spacious layout with excellent potential. The main floor unit is currently vacant, providing an excellent opportunity for immediate occupancy or potential rental income, while the basem*nt is tenanted, ensuring steady rental revenue. This legal duplex features a total of 6 bedrooms and 2 bathrooms, accommodating various living arrangements. Additionally, the property includes a 4 car driveway and detached garage, which may be a perfect future additional dwelling or garden suite! Located in a vibrant area of Hamilton, close to all amenities including schools, parks, shopping centers, and public transportation, this property is a standout opportunity in Hamilton's dynamic real estate market. Don't miss out—contact us today to schedule a viewing or for more information on this versatile property. You won't regret it! (id:39198)
- MLS®:#H4198864
- Date Listed:02 Jul 2024
Location
Province
Ontario
City
Hamilton
Address
609 Mohawk Road E
Postal Code
L8V2J8
Location Highlights
N/A
Listed by
RE/MAX Escarpment Realty Inc. Ontario listing
Category
apartment-buildings
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,088
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$699,999
Asking Price
$699,999
Cap RateThe capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOINet Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
Cash Flow - annual1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,088
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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