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$1,210,000
Status: For Sale
Discover an exceptional opportunity to own this legal Duplex character home featuring three self-contained apartment units in Hamilton's prestigious Durand neighborhood. This property is a fantastic investment or an ideal owner-occupied residence, offering an impressive net income of $49,838 annually. Unit 1: A charming 2-bed, 1-bath unit currently rented for $1,850 per month. Unit 2: A spacious unit that will be vacant on September 1st, with a rental potential of $2,300 per month. Unit 3: A cozy loft that generates $1,127.50 per month. Whether you choose to live in the second unit or rent it out for $2,300+ per month, you'll benefit from the property's prime location and its appeal to A+ professional tenants. This beautifully maintained home boasts extensive modern updates that seamlessly blend with its historical charm. Take advantage of the opportunity to finish the basement, for additional revenue of $1,600+ per month. This beautiful property is Situated within a short walk to the hospital, trendy Locke and James Street, the GO station, and scenic trails, this property also offers convenient highway access. The extensive updates and prime location make this an unbeatable investment opportunity. Don't miss your chance to own a piece of Hamilton's finest real estate!
Price | :$1,210,000 |
Property Taxes | :$8030.00 |
Tax Year | :2023 |
Bedrooms | :4 + 1 |
No. of Rooms | :13 |
Air Conditioning | :Wall Unit |
Heating | :Radiant |
Place of Worship | :No |
Cross Street | :From James St South turn right onto Markland. From Aberdeen turn left onto Hilton and right onto Markland. |
Bathrooms | :3 |
Fuel | :Gas |
Approx Square Footage | :2000-2500 sqft |
Exterior Finish | :Brick |
Parking Space | :0 |
Basement | :Sep Entrance |
Garage | :None |
15 Jul, 2024
TREB #X9038477
Listed
$1210000.0