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Brick bungalow nestled on great lot just off West 5th minute walk to Mohawk College, near public transit, Lincoln Alexander Parkway and great shopping. Investors are going to want to pay attention to this one as this home is used as a rental and is currently tenanted with a great rents of $56,400 and a net income of $46,000 and a cap rate of 5.75%. The main level has four bedrooms, kitchen and a family bath. There's a separate side entrance that takes you to the 2 car driveway parking, lush fenced backyard, as well as the lower level. The lower level has a rec room and three additional bedrooms with a 3pc bath. Add this amazing rental property to your portfolio!
Financials in supplements. Lease agreement available upon request. Tenants would like to stay. House being sold as is where is. Two fridges under one year old and a newer stove.
City: Hamilton
Neighborhood: Bonnington
Purchase Price | $799000 |
Down Payment | $159800 |
Mortgage Insurance | $0 |
Total Mortgage | $639200 |
Mortgage Payment | $3939 |
Property Taxes | $357 |
Maintenance Fees | $0 |
Monthly Payment | $4296 |
Sold Comparables homes near 17 West 3rd St, Hamilton
Located at 17 West 3rd St , this Hamilton house is available for sale. This property was listed for $799,000 on Thu Apr 11 2024. This house's size is 700-1100 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Br, 2nd Br, 3rd Br, 4th Br, Kitchen, Bathroom, Den, 5th Br, Br, Br, Rec, Bathroom. This property comes with 3 parking spots. 17 West 3rd St, Hamilton is situated in the Bonnington neighbourhood.
MLS#: X8226900 · $799,000 · 4 bedroom house in Bonnington, Hamilton