Turnkey fully tenanted 4-unit property in a prime pocket of Hamilton, an exceptional opportunity for investors seeking stable income and long-term upside. 70 Belview Ave provides a well-balanced unit mix of 2 spacious 1-bedroom apartments and 2 generously sized 2-bedroom units, all thoughtfully designed and modernized within the last five years to attract and retain quality tenants. This solid asset has been extensively improved with major capital upgrades including new electrical and plumbing (2016), providing peace of mind and reduced maintenance for years to come. Two hydro meters, allow for efficient expense management and increased net income, while a detached garage adding additional value and potential for extra rental income or tenant convenience. This property generates substantial positive monthly cash flow as it’s currently operating, cash in your pocket every month! Located in a highly accessible and amenity-rich neighbourhood, residents enjoy close proximity to shopping, dining, schools, parks, and public transit. Quick access to major routes and downtown Hamilton makes commuting a breeze, while nearby green spaces and local attractions enhance tenant appeal and lifestyle. A rare, low-maintenance investment opportunity in a growing market, add this strong performer to your portfolio with confidence. (id:35360)
| MLS® Number | 40817433 |
| Property Type | Multi-family |
| Amenities Near By | Park, Public Transit, Schools |
| Equipment Type | Water Heater |
| Parking Space Total | 1 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,816 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Detached Garage | |
| None |
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 96 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 0.07 |
| Size Total | 0.07 Ac|under 1/2 Acre |
| Size Total Text | 0.07 Ac|under 1/2 Acre |
| Zoning Description | D |
https://www.realtor.ca/real-estate/29570741/70-belview-avenue-hamilton
Contact us for more information
Mike Heddle
Broker
(905) 574-4600
www.royallepagestate.ca/