$3,297,000 26 Bowman Street, Hamilton, Ontario, L8S2T3

Overview

Property Type: Other
Leadex ID: 21502094

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:18021)



Building

Basement Type

None

Heating

Baseboard heaters

Cooling

None

Water

Municipal water

Details

Features

Country residential

Ammenities Nearby

Public Transit, Recreation

Community Features

Community Centre

Parking

No Garage

Appliances Included

Dishwasher, Dryer, Refrigerator, Stove, Stove, Washer & Dryer

Land

Land Size

127.75 FRONTAGE BY 130.96 AND 85.12 DEPTH|under 1/2 acre

Frontage

127 ft

Land Depth

130 ft

Listing Office

Office

RE/MAX Escarpment Realty Inc.

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