Welcome to this legal 2 unit family home, located in the highly desirable Hamilton Mountain !
Hamilton L8V 1X6
Canada
Listing
| Web ID: | 5619546 |
|---|---|
| Website: | https://www.nestseekers.com/5619546 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 6 BR |
| Bathrooms: | 4 |
Financials
Price:C999,000
($713,900)
(€622,000)
Annual Taxes:C6,228.94
Description
Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum.
Amenities
- Other
