295 Melvin Ave

For Sale 127 Days
$4,000,000
25 beds
20 baths
17,150 Sqft

295 Melvin Ave

For Sale 127 Days
$4,000,000
25 beds
20 baths
17,150 Sqft

Highlights

Key insights

Description

This 20 unit multiplex apartment building presents a prime investment opportunity, featuring 15 one-bedroom units and 5, two-bedroom units. Each tenant pays their own hydro, adding to the investment appeal. The building is equipped with thermal windows and is conveniently located within walking distance of schools, shopping centers, and restaurants, catering to all your tenants' needs. Situated in a prime location, this three-storey walk-up offers substantial upside potential with 12 vacant units ready for renovation. This solid investment property allows for repositioning to achieve market rents. Don't miss out on this rare chance to maximize cash flow and equity growth!

Adam A. Ezak of Homelife Professionals Realty Inc.,
MLS®#40723183
updated 3 months ago.
Houseful checked MLS® for data 3 months ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat type
    Radiant
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Sewer (municipal)
Exterior
  • # total stories
    3
  • Construction materials
    Brick
  • Foundation
    Block, concrete block
  • Roof
    Flat
  • # parking spaces
    12
Interior
  • # total bathrooms
    20.0
  • # of above grade bedrooms
    25
  • Appliances
    Refrigerator, stove
  • Has fireplace (y/n)
    Yes
  • Laundry information
    Coin operated, shared
Location
  • County
    Hamilton
  • Area
    23 - hamilton east
  • Water source
    Municipal
  • Zoning description
    E
Lot/ Land Details
  • Lot desc
    City lot, place of worship, public transit, schools, shopping nearby
  • Lot dimensions
    70 x 245
Overview
  • Approx lot size (range)
    0 - 0.5
  • Basement information
    None
  • Building size
    17150
  • Mls® #
    40723183
  • Property sub type
    Apartment
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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