Basics
- Date added: Added 3 years ago
- Bedrooms: 6
- Bathrooms: 2
Description
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Description:
Looking for a turkey investment property that is currently profiting? This deal is for you!! Situated on a corner lot in a highly sought-after neighbourhood on Hamilton Mountain sits this all brick, legal duplex!! This property is located near numerous amenities such as shops, parks, restaurants, and public transit. Both units consist of 3 bedrooms, 1 bathroom, a separate unit and ensuite laundry. The double-wide driveway can easily accommodate 4 vehicles and there is a shed on the lot that could potentially be rented out for additional income (Buyer to verify)!! This property was fully renovated in 2018 offering new updates top to bottom. Take advantage of this opportunity to own a prime investment property in the heart of Hamilton. We are selling our assignable purchase contract.
Closing is Buyer’s choice!!
Show all descriptionPROPERTY FEATURES- Legal duplex!
- 3+3 bedrooms
- 2 bathrooms
- 4-piece bathroom located on the main floor
- 4-piece bathroom located in the basement
- Built in 1956
- Interior was renovated in 2018 (as per MPAC)
- Above grade: 972 sq ft (as per MPAC)
- Finished basement: 972 sq ft (as per MPAC)
- All appliances not belonging to the tenants will be included
- 200 AMP breaker panel
- Gas furnace is new from 2022, and is owned (as per Seller)
- HWT is rented (as per Seller)
- Central AC is owned (as per Seller)
- Exact age of windows is unknown (as per Seller)
- Roof was updated within the last 10-years (as per Seller)
- Shed
- Double-wide driveway can accommodate 4 cars (Buyer to verify)
- On municipal services
- Corner lot: 50.00 ft x 86.83 ft (as per MPAC)
- Zoning: R1 (as per THIS zoning map, Buyer to verify)
UNIT BREAKDOWN
Main Floor Unit:- Currently rented for $1750/month + utilities (as per Seller)
- 3 bedrooms
- 1 full bathroom
- Ensuite laundry
- Separate entrance
Basement Unit:
- Currently rented for $1920/month + utilities (as per Seller)
- 3 bedrooms
- 1 full bathroom
- Ensuite laundry
- Separate entrance
EXPENSES
(as per Seller, Buyer to verify all information)- Insurance: $1083.75/year
- Property tax: $3079.53/year
- Maintenance and repairs: $1200/year
- Total expenses: $5362.84/year
- Net income: $38,257.14/year
PROPERTY NEEDS
- Nothing!
Please click HERE for more pictures and information.
Ask Us About This Property
This style property is located in is currently and has been listed on Bliss. This property is listed at $780,000. It has 6 beds bedrooms, 2 baths bathrooms, and is . The property was built in year.
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