For Lease · Multifamily

MAIN - 156 E36TH STREET, Hamilton (Raleigh)

MAIN - 156 E36TH STREET, Hamilton (Raleigh), ON L8V3Z4

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

92%

About this property

Beautifully renovated 3-bedroom, 1-bathroom upper unit available for lease in a fully legal duplex on Hamilton Mountain. This bright, open-concept home features a modern quartz kitchen with island, luxury vinyl flooring throughout, and an abundance of natural light. Enjoy the convenience of your own private entrance, separate hydro and water meters, separate hot water tank, and in-suite washer/dryer combo. The unit also includes driveway parking and is ideally located close to schools, parks, shopping, public transit, and highway access. Tenant to pay all utilities. Available immediately. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

73,815

Households

30,228

Median income

$76,500

Median age

42.7

Daytime population

86,014

5-yr growth

8.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for MAIN - 156 E36TH STREET, Hamilton (Raleigh).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.