Key Facts
- MLS® #: X9081533
- Property ID: SIRC2000752
- Property Type: Residential, Duplex
- Lot Size: 5,000 sq.ft.
- Year Built: 100
- Bedrooms: 3+1
- Bathrooms: 2
- Additional Rooms: Den
- Parking Spaces: 4
- Listed By:
- HARVEY KALLES REAL ESTATE LTD.
Property Description
Calling all homebuyers looking to reduce your monthly mortgage payment or investors looking for agreat rental investment. You found it here with this legal duplex which has lots of potential!!! This house is perfectly situated in the high demand Blakely neighborhood and is fully leased. It is collecting approximate $41,000 annually with an NOI of $32,700 offering a compelling ROI boasting a cap rate around 4.8%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can reduce their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed.
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain11' 8.1" x 10' 9.9"Other
- BedroomMain10' 2" x 9' 6.1"Other
- BedroomMain11' 5.7" x 8' 5.9"Other
- KitchenMain12' 9.4" x 10' 11.8"Other
- Dining roomMain12' 6" x 10' 7.8"Other
- Living roomUpper16' 8" x 12' 7.9"Other
- BedroomUpper11' 6.1" x 10' 11.8"Other
- BedroomUpper9' 6.1" x 10' 11.8"Other
Listing Agents
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Location
260 Prospect St S, Hamilton, Ontario, L8M 2Z9 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0