Property Information:
Corner lot all-brick 2.5-storey duplex in a prime Hamilton location, close to schools, grocery stores, transit, and the future Hamilton LRT line. The main floor 2-bedroom unit rents for $1,500/month, while the upstairs 5-bedroom unit is rented per bedroom at $750 each, generating $3,750/month, for a total annual income of $63,000. The property features a large front porch and upper balcony/patio, perfect for tenants. Separate hydro meters simplify utility management. This duplex offers strong cash flow, low operating costs, and long-term appreciation potential in a high-demand, transit-accessible neighborhood. (id:27)
Building Features:
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Style:
Duplex
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Building Type:
Duplex
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Basement Development:
Unfinished
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Basement Type:
Full
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Exterior Finish:
Brick
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Floor Space:
1892 sqft
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Foundation Type:
Stone
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Heating Type:
Forced air
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Cooling Type:
Central air conditioning