Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex, plus one unit, currently set up as shared accommodationcurrently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace installed in 2022, a tankless hot water heater from 2023, and a flat roof updated in 2022. The basement, accessible via a separate side entrance, includes coin-operated laundry and ample storage space, with potential to add a fourth rental unit. A major renovation, completed with permits, included updates to wiring (copper), plumbing (copper/ABS), windows, drywall construction, doors, and trims. The loft unit just became rented on June 1st for $1,450 per month. This smoke-free and pet-free property is an exceptional investment opportunity, ready to enhance your portfolio.
City: Hamilton
Located at 125 Sanford Avenue , this Hamilton house was listed for $799,900. It has 7 bedrooms and 3 bathrooms. The property's amenities include Arts Centre, Hospital, Library, Park, Public Transit. The property includes the following rooms: . This property comes with 4 parking spots.
MLS#: undefined · $799,900 · 7 bedroom house in Hamilton