Calling all homebuyers looking to reduce your monthly mortgage payment or investors looking for agreat rental investment. You found it here with this legal duplex which has lots of potential!!! This house is perfectly situated in the high demand Blakely neighborhood and is fully leased. It is collecting approximate $41,000 annually with an NOI of $32,700 offering a compelling ROI boasting a cap rate around 4.8%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can reduce their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed.
Pt Lts 55 & 56, Pl 252 Lewis Springer Survey, As In NS93861; Hamilton Amended 2000/11/30 LR3
Possession Date
TBA
Taxes (2023)
$3,922
Directions/Cross Streets
Cumberland Avenue
Neighbourhood
Blakeley
Area
Hamilton
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
W
Property Features
Hospital, Park, School
Waterfront
None
Special Designations
Unknown
Bedrooms
3+1
Bathrooms
2
Rooms
9
Kitchens
1+1
Lot
50 x 100 ft
Acreage
<.50
Approximate Square Footage
1100-1500
Approximate Age
100+
Exterior
Alum Siding
Elevator
N
Air Conditioning
Central Air
Family Room
Y
Fireplace/Stove
N
Pool
None
Laundry Level
Main
Basement
Sep Entrance, Unfinished
Drive
Available
Garage Spaces
2.0
Garage Type
Detached
Parking Spaces
2
Total Parking Spaces
4.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Utilities-Hydro
Y
Utilities-Gas
Y
Utilities-Cable
A
Utilities-Telephone
A
Water
Municipal
UFFI
No
Zoning
Duplex
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Living
Main
3.3 m x 3.56 m(10.83 ft x 11.68 ft)
Br
Main
2.9 m x 3.1 m(9.51 ft x 10.17 ft)
2nd Br
Main
2.59 m x 3.5 m(8.5 ft x 11.48 ft)
Kitchen
Main
3.35 m x 3.66 m(10.99 ft x 12.01 ft)
Dining
Main
3.05 m x 3.81 m(10.01 ft x 12.5 ft)
Living
Upper
3.86 m x 5.08 m(12.66 ft x 16.67 ft)
Br
Upper
3.35 m x 3.51 m(10.99 ft x 11.52 ft)
Br
Upper
3.35 m x 2.9 m(10.99 ft x 9.51 ft)
Bathrooms
Pieces
Level
4
Main
4
Upper
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