Key Facts
- MLS® #: 40742676
- Property ID: SIRC2488172
- Property Type: Residential, Duplex
- Living Space: 1,386 sq.ft.
- Lot Size: 3,100 sq.ft.
- Year Built: 1915
- Bathrooms: 2
- Parking Spaces: 2
- Listed By:
- RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Property Description
Purpose-Built LEGAL Duplex! This incredible investment opportunity offers flexible possession and is perfect for first-time buyers, investors, or anyone looking for a strong mortgage helper. With a projected cap rate of 6.7%, you can set your own rents and maximize returns! Key Features: 2 completely separate hydro meters & panels, 1 gas meter with hot water heating, 1 water meter
Private laundry on the main floor, Fireproofing between both units for safety & peace of mind, All copper wiring + copper/ABS plumbing, Vinyl windows. Recent Upgrades: Newer flooring on both levels, Roof (2012), Gas boiler (approx. 15 years). Location, Location, Location! Walking distance to Gage Park, Tim Hortons Field, Memorial Elementary, and Bernie Custis Secondary. Parking:
1 space out front, Oversized single garage with laneway access. Unit Details: Main floor has direct backyard access, Upper unit has its own private entrance, Seller will allow units to be rented prior to closing! Projected Rents: Upper: $1,600/month, Main floor + basement: $1,800/month, Expenses are actual, with water/sewer estimated. Motivated Seller – Don’t Miss Out!
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Location
45 East Bend Avenue N, Hamilton, Ontario, L8L 7E1 Canada
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