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BEDROOMS2
BATHROOMS2
KITCHENS6
ROOMSX12585872
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Property Description
Rare opportunity to own Side-by-side Legal Duplex Townhouses WITH MONTHLY POSITIVE CASH FLOW OF OVER $1200, in the vibrant neighborhood of Beasley in Downtown Hamilton with great Tenants paying market rents. 167 & 169 are both 3-bedroom Units with own street entrance and separate utility and tax accounts. These Units have been rented recently at market rent of $2100 a month each, plus all Utilities directly paid by Tenants. Both Units have been recently renovated with a fresh coat of paint and new Flooring in certain areas, and have a front Porch and private fenced Backyard. Tenants pay their own utilities directly to the suppliers, hence very low to no overheads for the Landlord to manage. This is a downtown property with zoning already in place to go up seven stories. Neighboring properties are also available, maybe even all the properties on this block.
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Property Features
Primary Bedroom - Main Floor
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Property Details
Address
167-169 Wilson Street
Community
City
Postal Code
L8R 1E3
Property Type
Att/Row/Townhouse, Att/Row/Townhouse
Zoning
D5
Lot Size
16' x 63'
Taxes
$2,905 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Right At Home Realty
Rare opportunity to own Side-by-side Legal Duplex Townhouses WITH POSITIVE CASH FLOW OF OVER $700 EVERY MONTH, in the vibrant neighborhood of Beasley in Downtown Hamilton with great Tenants. 175 & 177, both are 3-bedroom Units with own street entrance and separate utility and tax accounts. Both Units have a private fenced Backyard. Tenants pay their own utilities directly to the suppliers, hence very low to no overheads for the Landlord to manage. This is a downtown property with zoning already in place to go up seven stories. Neighboring properties are also available, maybe even all the properties on this block. The Buyer may have the option to apply For Severance to create standalone Properties.
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Rare opportunity to own Side-by-side Legal Duplex Townhouses in the vibrant neighborhood of Beasley in Downtown Hamilton, with one Vacant Unit to set up your own Market Rent. 171 & 173 are both 3-bedroom Units with their own street entrance and separate utility and tax accounts. #171 is a Vacant Unit and is currently being renovated with new flooring, new paint, etc. #171 Tenant pays $1891 every month, plus Utilities. Since Tenants pay their own utilities directly to the suppliers, there is little to no overhead for the Landlord to manage. This is a downtown property with zoning already in place to go up seven stories.
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