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BEDROOMS3
BATHROOMS3
KITCHENS5
ROOMSX10409950
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Property Description
Attention all investors! This legal duplex plus one unit is a turnkey opportunity,ready to enhance your investment property portfolio. Generating over $4,500 amonth, this property was fully renovated in 2018 with exceptional finishes,including stainless steel appliances, quartz countertops, new windows, doors,trim, and fresh paint. Each unit is currently occupied by tenants paying marketrents, and they cover their own hydro costs. With four hydro meters on site, youcan efficiently manage utility expenses. Additionally, the property features rearalley parking with three spots and a coin-operated laundry, offering even morepotential for increased cash flow. Don't miss out on this lucrative investmentopportunity!Financials are available upon request, serious inquires only please.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-25 | 2024-11-07 | 43 | $774,000 | - | Terminated |
| 2024-05-24 | 2024-06-12 | 19 | $799,000 | - | Terminated |
| 2023-08-28 | 2023-12-31 | 142 | $799,999 | - | Expired |
Property Features
Hospital, Library, Marina, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, 2 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
18' x 121'
Acreage
< .50
Fronting
East
Taxes
$2,595 (2023)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.01' x 10.01' | |
| Living | Main | 18.01' x 10.01' | |
| Br | Bsmt | 12.01' x 8.99' | |
| Office | Bsmt | 8.99' x 8.01' | |
| Kitchen | 2nd | 12.01' x 10.01' | |
| Br | 2nd | 12.01' x 12.01' | |
| Br | 2nd | 12.01' x 12.01' | |
| Living | 2nd | 10.01' x 18.01' | |
| Kitchen | Main | 12.01' x 12.01' | |
| Living | Main | 10.01' x 8.01' | |
| Br | Bsmt | 10.01' x 10.01' |
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Hamilton Market Statistics
Hamilton Price Trend
163 Emerald St N is a 4-bedroom 3-bathroom home listed for sale at $749,900, which is $225,362 (23.1%) lower than the average sold price of $975,262 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 4 bedroom home in Hamilton declined by $59,859 (5.8%) compared to the previous 30 day period (October 22 - November 20) and down $38,622 (3.8%) from the same time one year ago.Inventory Change
There were 124 4-bedroom homes listed in Hamilton over the last 30 days (November 21 - December 20), which is down 27.1% compared with the previous 30 day period (October 22 - November 20) and up 44.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($28,272) (2.9%) below asking price over the last 30 days (November 21 - December 20), which represents a $1,868 decrease compared to the previous 30 day period (October 22 - November 20) and ($44,393) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Hamilton over the last 30 days (November 21 - December 20) stood at 65.3%, up from 55.9% over the previous 30 days (October 22 - November 20) and up from 60.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Hamilton stood at 34 days when successfully sold over the last 30 days (November 21 - December 20), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Real Estate Associates
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Welcome To 57 Stirton Street. Beautiful Classic Duplex In The Heart Of Downtown Hamilton. Situated On A Quiet Street. Very Walkable Neighbourhood, 86 Walk Score. Perfect Opportunity For Investors, Multi-generational Living And End Users Looking To Supplement Their Mortgage Payments. Live In One Unit And Rent Out The Other. Sunny Covered Front Porch. Two Car Private Parking, Separate Laundry, Separate Hydro Meters, Extensive Renovations (2022) Includes Two New Kitchens And Three New Bathrooms. Total Basement Renovation (2024) Includes Four Piece Bathroom. Luxury Vinyl Tile On Three Levels. Laminate On Third Level. Roof Shingles Replaced (2017), Freshly Painted Throughout, Most Windows Replaced (2014 - 2022). New Poured Concrete Drive. Eavestrough (2024). Vacant Possession.
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This 2.5-storey, all-brick, legal non-confirming duplex is perfectly positioned in an excellent location that offers both convenience and excellent growth potential. A well-maintained home that features two self-contained units, making it ideal for those seeking rental income or a smart addition to any portfolio. The main floor features a spacious 1-bdrm, 1-bath with a large eat-in kitchen. Perfect for young couples, or professionals alike. The second unit spans two floors, offering 2-bdrms & 1-bath, as well as separate kitchen and living spaces. Each unit has been tastefully updated with access to a private deck and shared greenspace, as well as the benefit of multiple entrances, ensuring convenience and safety for all occupants. The lower level has its own entrance, with common laundry, additional storage, and a roughed-in bath. As a bonus there is a large garage with ADU potential.
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Heres your chance to own a great property with multiple options. A legal Duplex perfect for reducing your monthly mortgage payment while collecting Rent. Or Keep the fabulous tenants while paying down the mortgage as a great investment property. Situated in the High demand area of Blakely on a vast double lot protects its value into the future as a sound investment. Annual Gross Income collected = $41,000. Grab it while you can. Motivated Seller, Buyer To Verify numbers and are encouraged to do their own Due Diligence.
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