1284 FENNELL AVENUE E, Hamilton, Ontario
$2,199,999
- 5,550 Square Feet
Welcome to an exceptional opportunity to acquire a well-maintained 12-unit multi-residential building in one of Hamilton Mountains most desirable neighbourhoods. This rare investment gem features 11 spacious one-bedroom units and 1 bachelor unit, ideal for the strong rental demand in a highly sought-after area. Proudly owned and meticulously cared for by the same family for over 60 years, this property reflects pride of ownership and long-term stability. Investors will appreciate the buildings consistent cash flow, low vacancy rate, and strong rentability, supported by the areas proximity to transit, shopping, schools, healthcare facilities, and major commuter routes. Highlights: 12 total units . Well-maintained structure and systems with decades of attentive ownership. Excellent location on the Hamilton Mountain known for its safety, amenities, and strong tenant demand. Upside potential in rental income with gradual tenant turnover. Ample parking and on-site laundry for added tenant appeal. Fully tenanted with room to grow revenue over time. Whether you're a seasoned investor or looking to expand your portfolio with a reliable and appreciating asset, this building offers long-term value, stable income, and future growth potential. Properties like this don't come to market often seize this chance to invest in one of Hamilton's strongest residential rental corridors. (id:23309)
- Listing ID: X12181430
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1284 FENNELL AVENUE E in Hamilton Ontario. It was last modified on May 29th, 2025. Contact Jaber Zreik to schedule a viewing or to discover other Hamilton real estate for sale.