Property Description for 42 RAY Street S
Exceptional investment opportunity at 42 Ray St S, Hamilton for the discerning investor – a fully-permitted triplex featuring two 2-bedroom, 2-storey units and one 3-bedroom, 2-storey unit., each thoughtfully designed and professionally renovated in 2023. All major systems upgraded: new HVAC (with separate NEST thermostats), spray foam insulation, LED lighting, separate hydro, gas & water meters, and new 2” water service. Extra soundproofing between and within units. High-quality finishes throughout, including new solid red oak staircases, quartz countertops, custom kitchens & baths, Moen fixtures, and upgraded appliances (6 per unit). Tenants enjoy high ceilings, abundant natural light, private Bell high-speed WiFi, keypad locks, and parking for 5 (plus a detached garage!). EV charging-ready, exterior cameras, and professionally managed for peace of mind. Utility capacity also supports a future ADU if desired. This is a rare, turn-key multi-family asset in a desirable, central Hamilton location. Fully tenanted at market rents with A+++ tenants. Perfect for investors seeking a premium, low-maintenance property with strong rental appeal and modern amenities. (id:38686)
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Property Details
Property Tax
: $8,085MLS® #
: 40747198
Home Features
Property Type
: MultiFamilySquare Footage
: 3,660 SQFTSubdivision
: 102 - Strathcona
Interior Features
Heating
: Forced air, Natural gasBasement
: Finished, Full
Utilities
Sewer
: Municipal sewage system
Other
Parking Features
: Detached GarageExterior Features
: Brick
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