171 Stone Church Rd E
Jerome, Hamilton
$1,199,900
Buy with Dwelly and Save $11,999
Home Details
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Listing Description
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one!
Built-in Microwave, Carbon Monoxide Detector, Dishwasher, Dryer, Freezer, Garage Door Opener, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings, Other, Negotiable
City: Hamilton
Neighborhood: Jerome
Property History
Rooms
Room dimensions for 171 Stone Church Rd E, Hamilton
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 171 Stone Church Rd E is 6190
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1199900 |
| Down Payment | $239980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $959920 |
Monthly Payment
| Mortgage Payment | $5915 |
| Property Taxes | $275 |
| Maintenance Fees | $0 |
| Monthly Payment | $6190 |
About 171 Stone Church Rd E, Hamilton
Located at 171 Stone Church Rd E , this Hamilton house is available for sale. This property was listed for $1,199,900 on Thu Apr 03 2025. This house's size is 2000-2500 Sqft. It has 16 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 171 Stone Church Rd E, Hamilton is situated in the Jerome neighbourhood.
MLS#: X12061198 · $1,199,900 · 16 bedroom house in Jerome, Hamilton