74 Cathcart St, Hamilton, Ontario

Multi-Family for Sale in Hamilton

74 Cathcart St, Hamilton, ON

  • CA$769,000
  • 3+1 BEDS
  • 4 BATHS
  • CA$769,000

Multi-Family for Sale in Hamilton

74 Cathcart St, Hamilton, ON

  • CA$769,000
  • 3+1 BEDS
  • 4 BATHS
  • CA$769,000

Key Facts

  • MLS® #: X13663580
  • Property ID: SIRC3550649
  • Property Type: Residential, Duplex
  • Interior Area¹: 1500-2000 sq.ft.
  • Lot Size¹: 22x220 ft.
  • Bedrooms: 3+1
  • Bathrooms: 4
  • Approximate Age: 100+ years
  • Parking Spaces: 2
  • Listed By:
  • RE/MAX ESCARPMENT REALTY INC.

Property Description

Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. Two of the three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month. The vacant lower-level unit was previously rented for $1,300/month, providing an opportunity to set a new rental rate or keep the space available for personal use. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas.

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Listing Agents

RE/MAX ESCARPMENT REALTY INC.

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Location

74 Cathcart St, Hamilton, Ontario, L8R 1M5 Canada

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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