Sign In or Create a Free Account to see full details of this property
Key Facts
Key facts for 47 Wellington Street S
Property Type
Apartment, 2 1/2 Storey
Parking
None 0 garage, 3 parking
MLS #
X12237179
Size
2500-3000 sqft
Basement
Partial Basement,Half
Listed on
2025-06-19
Lot size
100 x 185.0
Tax
$4,865.69 /yr
Days on Market
78
Approximate Age
-
Maintenance Fee
-
Description
Fully renovated LEGAL FOURPLEX, with one unit VACANT, in the heart of Hamilton offering modern style, Victorian character, and rock-solid investment fundamentals. This stunning, all-above-grade, approx. 2,600 sqft building features 3 x 1-bedroom units and 1 x 2-bedroom unit, each with its own kitche...n, bathroom, in-suite laundry, stainless steel appliances, and beautiful exposed brick. All four units were professionally renovated between 2018-2020, showcasing sleek finishes, modern lighting, updated kitchens & baths, and thoughtful layouts. One unit is vacant and ready to lease or occupy, while the remaining three are tenanted with AAA+ renters. Rare 3-car parking at the rear. 4 hydro meters, 4 gas meters and 4 hot water tanks, maximizing NOI. Property delivers a strong +6% CAP rate, making this a true cash flow positive, turnkey income property in a highly desirable location. Walkable to downtown amenities, transit, and more. A rare opportunity to invest in a legal, high-quality multi-unit building with character, curb appeal, and upside.