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Est. payment /mo
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Stipley
MLS Listing ID X13518762
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,400
Tax Year 2025
Property Sub-Type Triplex
Lot Depth 22.29
Lot Front 45.08
Appx SqFt 1500-2000
Property Description
4 Rosemont Avenue Hamilton is an Investment Property (Triplex). A fully occupied, income-producing triplex delivering $37,060 in NOI at a 6.18% current cap rate, with 100% occupancy and central heat and A/C already in place. The building features three self-contained units, one currently used as a 2-bedroom, across four leases, with separate hydro meters that keep operating expenses streamlined, plus a converted double-car garage that now serves as shared storage and coin-operated laundry, adding a secondary income stream. As a fully-leased asset, it contributes dependable in-place income from day one, while the triplex configuration gives an owner scope to optimize the unit mix, renovate, and move rents to market as tenancies turn, a clear renovate-and-add-value path. Location strengthens the case: situated in Hamilton's Stipley neighborhood just blocks from Tim Hortons Field and close to schools, grocery, parks, bus routes, and the city's future LRT, it sits in a transit-oriented pocket. The result is a stable, well-located asset with reliable cash flow today and genuine long-term upside for investors looking to expand their portfolio.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Family Room Yes
Basement Development Potential
Kitchen 3
Interior
Interior Features None
Cooling Central Air
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 45.08
Lot Depth 22.29
Total Parking Spaces 1
Building
Foundation Not Applicable
Others
Senior Community No
ParcelsYN Yes
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Listed by EXP REALTY
Nearby School & Business
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