Size
-
Lot size
419.46 sqm
Street frontage
-
Possession
-
Price per sqm
$6,032
Taxes
$4,785.93 (2021)
Parking Type
Detached Garage
Style
-
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Description
Rare opportunity to own this FULLY VACANT, newly renovated three unit home in Hamilton with potential for a large fourth unit in the basement! Buyer to set their own rent at market value. The house comes equipped with 3 units. Unit 1 is a vacant two-bedroom suite with the income potential of $2,400+ (Also great for Airbnb), Unit 2 is a newly renovated vacant two-bedroom unit ($2,300), and unit 3 features a really cool bachelor loft space on the 3rd floor, with the income potential of $1,550+. The Gross Annual income is $78,600.00. This is a Rare offering and huge opportunity to increase your annual income by finishing the basmt which could bring an additional income of $1,500+ per month. The property features a large Double lot (43 x 105) ft lot, a massive driveway with 5+ parking spots and an oversized two-car garage with forecasted rent of ($400+). Huge income opportunity to be had.Seller in the works of obtaining permit to finish bsmt legally, and turning home into legal 4plex.
Broker: RE/MAX Aboutowne Realty Corp., Brokerage
MLS®#: 40560960
Property details
Parking:
7
Parking type:
Detached Garage
Property type:
-
Heating type:
Forced Air
Style:
-
MLS Size:
222 sqm
Lot front:
13.11 M
Lot depth:
32 M
Listed on:
May 16, 2024
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