Cipriani Team

LISTING:
  • Status Available

    • List Price $3,297,000
    • Address 26 BOWMAN Street
    • City Hamilton
    • Building Type Unknown
    • ID H4071135

    PHOTOS:

    PROPERTY DETAILS:

    • Days On Market 20
    • Sqft 9838.0000
    • Heating Baseboard heaters
    • Cooling None
    • Basement Type None

    DESCRIPTION:

    • Description Endless possibilities for this multi-unit apartment building with new TOC 1 Zoning located in high-demand area across from McMaster University and Childrens Hospital. Potential to expand the building footprint, with allowable height of 72 feet, and 127 foot frontage. Adjacent TOC 1 property with 60 ft frontage available. Permitted uses include Commercial applications with possible reduced setback requirements. Current use--Legal 7 unit, brick & concrete 3 storey apartment building with 129 K gross rents. Recent improvements to 4 apts with the prospect of increasing revenue to market rents within 12-16 mos (155K+). All units have individual electrical breaker panels, separately metered with digitally controlled electric heattenants pay heat & hydro. Parking for 7 vehicles or more. Roof-2 layer Torch Down (2006); Thermo Windows (2006); 2 Rheem 60 gal. gas direct vent water heaters (2019); hard wired smoke detectors in stairwells; common paid laundry room facilities. (id:16999)

    AMENITIES:

    • Country residential Country residential
      • Brokerage RE/MAX Escarpment Realty Inc.

      Contact Agent

        NEIGHBOURHOOD:



        $873,563
        Homes Avg. List Price
        N/A
        Homes Avg. Sold Price
        11
        Homes For Sale
        0
        Homes Sold
        Homes AVG. LIST PRICE
        Homes Number of Bedrooms

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