171 Stone Church Rd E

Jerome, Hamilton, L9B 1A8
FOR SALE
$1,299,900
171 Stone Church Rd E, Hamilton
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
171 Stone Church Rd E
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16
BEDROOMS
4
BATHROOMS
1
KITCHENS
21
ROOMS
X12008328
MLSID
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Property Description
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 19th room!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-04-09 2020-04-12 3 $539,900 $500,000 Sold
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
60' x 124'
Fronting
South
Taxes
$3,302 (2025)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Garage Type
Attached
Listing contracted with Revel Realty Inc.
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