88 Tisdale ST S new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 2W2
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Stinson
MLS Listing ID X12317536
Style 3-Storey
Bedrooms 9
Annual Tax Amount $3,239
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Welcome to 88 Tisdale, an INVESTORS DREAM "Cash Flow Positive" LEGAL 4-PLEX" in Hamilton!! Purchased in 2022, the building has been completely gutted and fully renovated from top to bottom!! Most importantly, The building nets $140,000+ annually!!! (See Income/Cash Flow Sheet) Giving it a current cap rate of 7.5% Enjoy the income of an 8-plex with the minimal maintenance of 4 units! This 4-Plex has been designed professionally and legally re-built from the brick in. Everything is new: New roof, new windows, new eavestroughs, new plumbing, new HVAC, new furnaces, new A/C's, new decking, new fire escapes, spray-foam insulation, basement waterproofing, concrete, sump-pump, weeping tiles, custom kitchens, quartz countertops, luxury flooring, hardwood staircases & railings, maintenance free landscaping, and much, much more!! All work ompleted legally WITH PERMITS! Upper unit spans 2 floors, 1300 sq ft (2 bdrm 1 bath, with oversized large loft. Main unit is 2 bdrm 1 bath. Both units have in-suite laundry! Plus: 2 new executive studio suites below (Fitted for laundry). 2 parking spots on-site, leased parking spots available behind the house if needed. Hydro separately metered! This Smart Building is outfitted with security cameras, alarm system, lights, thermostats and door locks all controlled right from your phone. BONUS: free street parking located close by. Don't miss this turn-key, maintenance-free, investment opportunity...all the work has been done for you! Alternatively enjoy the large upper unit for yourself and rent the 3 other units and live mortgage free! Building can be sold furnished and vacant. B
Location
Province ON
County Hamilton
Community Stinson
Area Hamilton
Rooms
Family Room Yes
Basement Apartment,Separate Entrance
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Countertop Range,Upgraded Insulation,Water Heater,Water Heater Owned
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 34.12
Lot Depth 50.25
Total Parking Spaces 2
Building
Foundation Block,Poured Concrete
Others
Security Features Alarm System,Carbon Monoxide Detectors,Security System,Monitored
Virtual Tour https://www.youtube.com/watch?v=yhh0-SzavKs