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. (id:13843)
| MLS # | 40862374 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1910 |
| Days On Site | 47 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Brad MaGarrey |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,542 |
| Garage | 7 |
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Zoning | D |
| Cooling | Wall unit |
|---|---|
| Heating | Radiant heat |
| Fireplace Yes / No | No |
| Foundation Details | Stone |
|---|
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 7 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 11850.55 |
|---|
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8P2K5 |
| Community Name | 124 Durand South |
| Listing VS Median (in 124 Durand South) | |
Price: $1,200,000 low | high Med: $849,900 sqft: 3,542 low | high Med: 2,337 $ / sqft: $339 low | high Med: $364 On site: 47 low | high Med: 84 | |
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8P2K5 |
| Community Name | 124 Durand South |
| Listing VS Median (in 124 Durand South) | |
Price: $1,200,000 low | high Med: $849,900 sqft: 3,542 low | high Med: 2,337 $ / sqft: $339 low | high Med: $364 On site: 47 low | high Med: 84 | |
![]() | $1,150,000170-172 Markland StreetHamilton, ON L8P2K5 |
![]() | $1,345,000279 Hess Street SHamilton (durand), ON L8P3P6 |
![]() | $1,099,000282 Hess Street SHamilton, ON L8P3P7 |
![]() | $1,099,000282 Hess Street SHamilton, ON L8P3P7 |
![]() | $1,345,000279 Hess Street SHamilton, ON L8P3P6 |