$799,900
For sale: Multiplex

Look no further! This turn-key 4plex investment opportunity in a prime central Hamilton location makes an ideal property for investors seeking strong cash flow! 113 Wentworth St. S. features 4 fully tenanted units, including 3 spacious 2-bedroom suites and 1x 1-bedroom unit, providing a strong and diversified rental income stream. This well-maintained property provides separate hydro meters for each unit, two furnaces, and on-site parking for added tenant convenience and maximum rentability. Ideally situated just 400 metres from a future Hamilton LRT stop and 2km to St. Joes Hospital, this property is perfectly positioned to benefit from ongoing neighbourhood growth and infrastructure investment. An excellent addition to any investment portfolio, offering strong cash flow today with long-term upside in one of Hamilton's rapidly evolving urban corridors.
Sold data
Homes in Stinson took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 77, across 34 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 87 days.
The median sale price was $444,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 35% of sellers reduced their price before finding a buyer.
Based on 34 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Stinson) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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