253 Mohawk Road E Hamilton, Ontario L9A 2H5
$1,350,000
Located in a sought-after neighbourhood, this well-maintained 6-unit multiplex offers a prime opportunity for investors looking for consistent income in a high-demand area with easy access to public transit. With a total annual rental income exceeding $114,000, this property boasts a strong return on investment and competitive Capitalization Rate of 6% (after vacancy). The solid brick building features two 1-bedroom apartments, three 2-bedroom apartments, and one 3-bedroom apartment-- each with functional layouts and durable finishes, ensuring long-term tenant satisfaction. Each unit enjoys spacious living areas, parking, ample natural light, coin-operated laundry, and access to nearby amenities, making this building highly desirable. With its unbeatable location close to public transportation, shopping, dining, and recreational areas, this building stands out as an exceptional investment in a thriving community. The solid brick construction and updates including new roof shingles in 2018 and new security system in 2019, provide stability and low maintenance, while the current rental income offers immediate cash flow. Don’t miss this opportunity to add a high-performing asset with lots of uplift potential to your portfolio. (id:47351)
Property Details
| MLS® Number | 40798741 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Public Transit, Shopping |
| Community Features | School Bus |
| Equipment Type | Other |
| Features | Laundry- Coin Operated |
| Parking Space Total | 6 |
| Rental Equipment Type | Other |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 11 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1963 |
| Exterior Finish | Brick |
| Fire Protection | Security System |
| Foundation Type | Block |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 3,800 Ft2 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 135 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | E |
https://www.realtor.ca/real-estate/29255777/253-mohawk-road-e-hamilton
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January 18 2026 08:50:50
REALTORS® Association of Hamilton-Burlington
The Agency, RE/MAX Escarpment Leadex Realty