999 Mohawk Rd E

Lucrative 6-unit investment opportunity with excellent cash flow. Located in a fantastic east Hamilton mountain location close to schools, public transit, shopping and all amenities. This 2.5 storey all-brick walk-up apartment building has been well maintained and offers low maintenance terrazzo stairs and hallway floors. There are two updated boilers and a new water heater (all owned equipment). Most units have been renovated and the building has quiet, respectful tenants. There are 6 large parking spaces for the tenants as well as a detached garage that can be used for storage or as additional income. This rare investment opportunity is presented with a 5.3% CAP rate and potential for VTB financing up to 75%.