193 Burris St, Hamilton is an Investment Property Duplex Rooms.
Hamilton L8M 2J7
Canada
Listing
| Web ID: | 5614886 |
|---|---|
| Website: | https://www.nestseekers.com/5614886 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 4 BR |
| Bathrooms: | 2 |
Financials
Price:C580,000
($414,500)
(€361,100)
Annual Taxes:C3,275
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.