Discover an exceptional opportunity to own this legal Duplex character home featuring three self-contained apartment units in Hamilton's prestigious Durand neighborhood. This property is a fantastic investment or an ideal owner-occupied residence, offering an impressive net income of $49,838 annually. Unit 1: A charming 2-bed, 1-bath unit currently rented for $1,850 per month. Unit 2: A spacious unit that will be vacant on September 1st, with a rental potential of $2,300 per month. Unit 3: A cozy loft that generates $1,127.50 per month. Whether you choose to live in the second unit or rent it out for $2,300+ per month, you'll benefit from the property's prime location and its appeal to A+ professional tenants. Take the opportunity to finish the basement for an additional income for up to $1,600+ per month. This beautifully maintained home boasts extensive modern updates that seamlessly blend with its historical charm. Situated within a short walk to the hospital, trendy Locke and James Streets, the GO station, and scenic trails, this property also offers convenient highway access. The extensive updates and prime location make this an unbeatable investment opportunity. Don't miss your chance to own a piece of Hamilton's finest real estate!
MLS# | 40618917 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Days On Site | 92 |
Listing Provided By | RE/MAX Aboutowne Realty Corp., Brokerage | Reem Daoud |
Bed(s) | 5 |
---|---|
Bath(s) | 3 |
SQ Feet | 2,300 |
Basement | Y |
Story(s) | 3 |
Units | 3 |
Zoning | D |
Province | ON |
---|---|
County | Hamilton |
City | Hamilton |
Postal Code | L8P 2K3 |
Area | 12 Hamilton West |
Subarea | 124 Durand South |
Community Name | 124 Durand South |
Listing VS Median (in 124 Durand South) | |
Price: $1,210,000 low | high Med: $1,294,000 SqFt: 2,300 low | high Med: 2,669 $ / SqFt: $526 low | high Med: $505 On Site: 92 low | high Med: 12.000000 |