Durand South, Hamilton · MLS® 40862374
867
3,542 sq ft · House · Multi-family · built 1910 · 44 days on market
listed by Brad MaGarrey, RE/MAX Escarpment Realty Inc.
Exceptional Turnkey Investment Opportunity – 172 Markland Avenue, Hamilton. Add a solid income-producing asset to your portfolio with this well-maintained 6-unit purpose-built apartment building in Hamilton. Featuring 2 bachelor units and 4 spacious two-bedroom units, this property offers a desirable unit mix with strong rental appeal and consistent income potential. Professionally managed, the building has benefited from numerous capital upgrades over the years, allowing investors to acquire a property with ongoing care and reduced maintenance concerns. Tenants enjoy the convenience of shared laundry facilities located in the partially finished basement, while the lower level also offers additional storage and future potential. Situated in an established neighbourhood with convenient access to public transit, shopping, schools, parks, and major commuter routes, this investment is well-positioned to attract and retain quality tenants. Whether you're expanding your portfolio or entering the multi-residential market, 172 Markland Avenue presents an excellent opportunity to own a professionally managed, income-generating property in one of Hamilton's strong rental markets.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.