Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 4 BR |
| Bathrooms: | 2 |
Financials
Price:C700,000
($496,900)
(€436,600)
Annual Taxes:C3,275
193 Burris St, Hamilton is an Investment Property Duplex Rooms.
Description
193 Burris St, Hamilton is an Investment Property (Duplex + Rooms). A two-hydro-meter property configured as a 2-bedroom main-floor-plus-basement unit and a four-room upper unit, currently 100% occupied and generating $36,031 in NOI from strong in-place room income. The real opportunity is the immediate value-add: four of the five doors rent month-to-month, allowing rents to be reset to market on standard notice. Underpinning that cash flow is genuine land value in one of Hamilton's most sought-after, appreciating pockets. The result is an investment that combines solid room-level income today with meaningful upside and long-term exit optionality.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
