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$ 799,000
Est. payment | /mo
7 Beds
4 Baths
$ 799,000
Est. payment | /mo
7 Beds
4 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Subdivision Landsdale
MLS® Listing ID X14089868
Bedrooms 7
Property Description
Excellent Investment Opportunity in Hamilton! Offered for sale by a long-term owner retiring, this renovated and upgraded property featuring legal duplex with an existing three-unit layout. This versatile property offers very good cash flow potential and opportunities to further maximize rental income. Very Bright and inviting throughout, the home features plenty of windows that fill the living spaces with lots of natural light.The upper unit features 4 bedrooms, 2 bathrooms, ensuite laundry, 1 Family Room (Can be used as a bedroom), and a roughed-in kitchen area currently configured as a bedroom, offering potential for a fourth unit. The main unit features 2 bedrooms, 1 family room (which can be used as a 3rd bedroom), and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. All three existing units have separate kitchens, providing independent living spaces and flexible rental possibilities. Recent Updates: Roof (2025), furnace (2024), and hot water tank (2023). With no existing rental contracts, very low expenses, and vacant possession, the new owner has the flexibility to further customize the home or establish their own tenancy arrangements at current market rents.Additional highlights include 3 separate hydro meters and approximately $75,000 in potential gross annual rental income with all three units, making this an attractive opportunity for investors seeking strong cash flow and long-term investment potential.Conveniently located in downtown Hamilton, the property is close to public transit, shopping, restaurants, and everyday amenities.A great opportunity to acquire a bright, versatile, multi-unit investment property with excellent income potential! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 3.74 m X 3.38 m Family room
Extra Room 2 Second level 3.26 m X 2.97 m Bedroom
Extra Room 3 Second level 3.44 m X 3.37 m Bedroom 2
Extra Room 4 Second level 3.26 m X 5.39 m Kitchen
Extra Room 5 Third level 4.46 m X 3.06 m Bedroom
Extra Room 6 Third level 3.61 m X 3.73 m Bedroom 2
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 1
Garage No
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Listed by HOMELIFE EXCELSIOR REALTY INC.
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