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$749,900
Status: For Sale
3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Large main/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit at market rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydro meters (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suite laundry! Stabalized cap rate of 7%. Great addition to any portfolio or live/rent!
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40685631 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :17 Dec, 2024 (4 Days ago) |
| Source | :Hamilton - Burlington |
| Price | : $749,900 |
|---|---|
| Property Taxes | :$4868.16 |
| Tax Year | :2024 |
|---|
| Bedrooms | :6 + |
|---|---|
| Air Conditioning | :Wall Unit(s) |
| Heating | :Radiant |
| Place of Worship | :No |
| Bathrooms | :4 |
|---|---|
| Approx Square Footage | :3564 sqft |
17 Dec, 2024
TREB #40685621
Listed
$749900
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