47 Wellington Street S Hamilton, Ontario - MLS#: H4187962

$974,999

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! (id:51158)

MLS: H4187962 For sale : 47 Wellington Street S 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! (id:51158)

⚡⚡⚡ Disclaimer: While we strive to provide accurate information, it is essential that you to verify all details, measurements, and features before making any decisions.⚡⚡⚡
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Business

Business Type	Residential
Business Sub Type	Residential

Property Details

MLS® Number	H4187962
Property Type	Multi-family
Equipment Type	Water Heater
Features	Double Width Or More Driveway, Paved Driveway
Parking Space Total	3
Rental Equipment Type	Water Heater

About 47 Wellington Street S, Hamilton, Ontario

Building

Architectural Style	3 Level, Multi-unit
Basement Development	Partially Finished
Basement Type	Partial (partially Finished)
Constructed Date	1890
Construction Style Attachment	Detached
Exterior Finish	Brick
Fire Protection	Fire Alarm System, Smoke Detectors
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	3
Size Exterior	2800 Sqft
Size Interior	2800 Sqft
Type	Fourplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Municipal Sewage System
Size Depth	121 Ft
Size Frontage	28 Ft
Size Irregular	28 X 121.5
Size Total Text	28 X 121.5

https://www.realtor.ca/real-estate/26633483/47-wellington-street-s-hamilton