UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,366 sqft
Price per Sqft $402
MLS Listing ID 40867400
Style Traditional
Bedrooms 4
Full Baths 3
Abv Grd Liv Area 2,074
Year Built 1910
Annual Tax Amount $3,379
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type Detached
Source Cornerstone
Property Description
Fully vacant and ready for fresh market rents, this legal duplex features three fully contained units, giving investors the opportunity to select their own tenants and establish rents from day one. With three potential income streams under one roof, the property offers an appealing opportunity for investors looking to build or expand their portfolio. Many of the major capital expenses have already been completed, helping reduce the immediate costs that can come with acquiring an investment property. Full vacancy provides added flexibility, allowing the next owner to establish their own tenant mix and rental structure from the start. Location adds to the rental appeal. Public transit is just minutes away on foot, with grocery stores, restaurants, shopping and everyday amenities all close by, providing the convenience tenants look for. Three fully contained units, full vacancy, fresh market rent potential, significant recent capital improvements and a convenient Hamilton location come together in an investment property positioned for income from the start. Some photos have been virtually staged.
Location
Province ON
County Hamilton
Area 20 - Hamilton Centre
Zoning C
Direction QEW, South on Red Hill Pkwy, West on Question Road, Continue West on Main Street E, North West on King Street E, North on Barnesdale Ave N, West on Somerset Ave
Rooms
Basement Separate Entrance, Full, Finished
Main Level Bedrooms 1
Bedroom 2 1
Bedroom 3 1
Kitchen 3
Interior
Interior Features High Speed Internet
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Water Heater Owned, Refrigerator
Laundry Electric Dryer Hookup, Multiple Locations
Exterior
Utilities Available Fibre Optics, Natural Gas Available, Recycling Pickup, Street Lights
Roof Type Asphalt Shing
Porch Deck, Porch
Lot Frontage 24.4
Lot Depth 60.0
Garage No
Building
Lot Description Urban, Rectangular, City Lot, Public Transit, Schools, Shopping Nearby
Faces QEW, South on Red Hill Pkwy, West on Question Road, Continue West on Main Street E, North West on King Street E, North on Barnesdale Ave N, West on Somerset Ave
Foundation Concrete Perimeter
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Traditional
Level or Stories 2
Structure Type Brick
New Construction No
Schools
Elementary Schools Prince Of Wales Elementary School, St. Ann Catholic Elementary School
High Schools Bernie Custis Secondary School, Cathedral High School
Others
Senior Community No
Tax ID 172130025
Ownership Freehold/None
NEARBY SCHOOL & BUSINESS
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