Name: 47 Wellington St S, For Sale in Hamilton - eXp Realty
Brand: EXP REALTY
SKU: 40741788
Price: 949900 CAD

wellington st s

5 Bedroom Real Estate has been listed for sale at 47 Wellington St S in Hamilton for $949,900. Chat with a local expert, book a tour.

Hamilton

Stinson

47 Wellington St S

47 Wellington St S, For Sale in Hamilton - eXp Realty

Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2, 600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitchen, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside.

Looking For The Perfect Investment Property? Look No Further Than This Stunning, Huge, Legal Fourplex Located In The South End Of The City! This Victorian Property Has Been Completely Renovated Top To Bottom Between 2018-2020 And Boasts Beautiful Exposed Brick Features Throughout All Units. With Aaa Tenants Already In Place, You Won'T Have To Worry About Finding Renters!  Not To Mention, All Tenants Pay Their Own Hydro And Gas. And With Laundry In Every Unit Plus 3 Rear Parking Spaces, This Property Is Truly An Investors Dream Being Completely Self Fun! Plus, Zoning Verification And A Proforma Are Included - See The Attachments! Offers Accepted Anytime - Don'T Wait On This Rare Find In Hamilton!

Welcome to 47 Wellington St S, situated in the heart of downtown Hamilton. This large LEGAL FOURPLEX offers an exceptional investment opportunity. Conveniently located next to escarpment access while being steps away from urban amenities, this property is completely turnkey, boasting high-end finishes throughout. All units are ABOVE GRADE and feature stainless steel appliances, modern fixtures, in-suite laundry & exposed brick. Currently occupied by excellent tenants, this FOURPLEX offers a stable income stream for investors including separate Hydro & Gas meters, allowing you to minimize your operating expenses. Unit 1 offers a main floor 1 Bedroom, 1 Bathroom space with an open concept kitchen and living room currently rented for $1764.00. Unit 2 features a rear main floor 1 Bedroom, 1 Bathroom space with a great layout rented for $1305.00. Unit 3 boasts a large second floor 2 Bedroom, 1 Bathroom unit with a balcony rented for $1768.00. Unit 4 consists of a spacious third floor 1 Bedroom, 1 Bathroom unit with a dedicated living and dining room rented for $1600.00. This is a rare opportunity to own a LEGAL FOURPLEX with amazing appreciation potential!

47 Wellington St S, Hamilton, ON

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