47 Wellington ST S new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L0R 2H0
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Stinson
MLS Listing ID X12237179
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $4,865
Tax Year 2025
Property Sub-Type Fourplex
Property 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 kitchen, 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.
Location
Province ON
County Hamilton
Community Stinson
Area Hamilton
Zoning D5
Rooms
Basement Partial Basement,Half
Kitchen 4
Interior
Interior Features Separate Hydro Meter,Separate Heating Controls,Water Heater
Cooling None
Inclusions All Appliances and light fixtures.
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Foundation Concrete Block