Discover an exceptional opportunity to own this legal Duplex character home featuring three self contained apartment units in Hamilton's prestigious Durand neighbourhood.


Property

Website:https://www.nestseekers.com/5492655
Address:
Hamilton L8P 2K3
Canada
Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 3

Financials

Price:C999,000
($712,400)
(€616,700)
Annual Taxes:C8,473.80

Description

Discover an exceptional opportunity to own this legal Duplex character home featuring three self-contained apartment units in Hamilton's prestigious Durand neighbourhood. This property is a fantastic investment or an ideal owner-occupied residence, offering an impressive net income of $48,801.20 annually. Unit 1: A charming 2-bed, 1-bath unit currently rented for $1,850 per month. Unit 2: A spacious unit with a rental potential of $2,200 per month. Unit 3: A cozy loft that generates $1,127.50 per month. All units are currently tenanted, 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!

Amenities

  • Carbon Monoxide Detectors
  • Garden

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario