Don't miss this turnkey Legal DUPLEX investment opportunity in a prime A-Class area of Hamilton. This LEGAL two-unit property features a spacious main unit spread across two floors, offering 3 bedrooms and 2 bathrooms—a rarity on the market. The upper-level unit boasts a balcony with 2 bedrooms and 1 bathroom. Situated on a MASSIVE 42x115 foot lot with rear laneway access, this property has undergone extensive renovations. Recent updates in 2023/2024 include brand new kitchens, bathrooms, flooring, doors, and trim, along with crucial upgrades to plumbing, electrical systems, and waterproofing. The exterior was also refreshed in 2024, ensuring that the property not only functions like new but looks fresh too. The potential for this property is enormous, capable of generating up to $5,000 per month in rental income. Will CASHFLOW $500+ Per Month. Additionally, there is legal allowance to add a third unit or a garden suite with a dedicated entrance from the laneway, further enhancing its investment appeal. Act quickly to secure this gem before it goes live and is snapped up by another investor! (id:47423)
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Detailed Information
Lot
42 x 115 ft
Amenities Nearby
Hospital, Public Transit
Equipment
Water Heater
Features
Park setting, Park/reserve, Paved driveway
Listing Contract Date
2024-06-11
Location Description
URBAN
# of Parking Spaces
4
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Business
Business Type
Residential
Business Subtype
Residential
Building
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Architectural Style
2 Level, Multi-Unit
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1948
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick
Fire Protection
Smoke Detectors
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Size (Exterior)
1489 square feet
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
42 x 115.31 | under 1/2 acre
Amenities
Hospital, Public Transit
Sewer
Municipal sewage system
Size of Irregular Land
42 x 115.31
Soil Type
Clay
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