SoldMultiplex

75 Blake Street

Name: 75 Blake Street - Sold May 2019
Brand: RE/MAX ABOUTOWNE REALTY CORP., BROKERAGE
Price: 999000 CAD
Availability: SoldOut

Hamilton - St. Clair

75 Blake Street

Hamilton - St. Clair

Sold For$999,000

Listed For $1,088,000

Sold May 2019

8 + 2 Bedrooms Bedrooms

5 Bathrooms Bathrooms

2 Garage Garage

Description

Welcome To 75 Blake Street In Hamilton's Highly Regarded Blakely Neighbourhood. This Is A Rare Investment Opportunity With Potential For A 5% Or Higher Cap Rate Once A Renovation Completed. Over 6,500 Square Feet Of Rentable Space And Features 6 Units With Potential For A 7th. Total Of 10 Bedrooms, 6 Kitchens, Five Baths And A Detached Two Car Tandem Garage. Collect Further Income By Renting The Large Detached Garage

Key facts for 75 Blake Street

Tax$5,032 / 2018

Property TypeMultiplex, 3-Storey

Lot Size193 x 45.01 Feet

Size3500-5000 ft²

ParkingDetached 2 Spaces, Total 6 Spaces

Parking FeaturesPrivate

BasementFinished with Walk-Out, Full

Listing #X4457115

Days on Market--

Listing BrokerageRE/MAX ABOUTOWNE REALTY CORP., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

Interest Rate

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* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$5,313/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$9.6% net yield

Net Monthly Cash Flow$4,268

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Inquire with Realtris

(866) 511-7171

info@realtris.ca

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