Size
-
Lot size
419.46 sqm
Street frontage
E
Possession
Immediate
Price per sqm
$4,310 - $5,376
Taxes
$4,930 (2023)
Parking Type
Detached Garage
Style
2 1/2 Storey
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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 has spent $20k in permits to finish bsmt legally, and turning home into legal 4plex.
EXTRAS:
EXTRAS:
Broker: RE/MAX ABOUTOWNE REALTY CORP.
MLS®#: X9513280
Property details
Parking:
7
Parking type:
Detached Garage
Property type:
Detached
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
186-232 sqm
Lot front:
13.11 M
Lot depth:
32 M
Listed on:
Oct 29, 2024
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Instant estimate:
orto view instant estimate
$11,028
lower than listed pricei
High
$1,033,480
Mid
$988,971
Low
$943,152
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