Blakeley Real Estate

Legal duplex!!! Calling all investors looking for opportunity or homebuyers eager to get into the market. This house is perfectly situated in the high demand Blakely neighborhood. This property is fully leased, collecting approximate $41,000 annually with an NOI of $31,700 offering a compelling ROI, boasting a cap rate around 4.2%. The vast double lot and third separate entrance presents potential for further development and revenue. New homebuyers can live in one unit while collecting rent thereby reducing their monthly expenses between $1,500 to $2,000/m. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed.

SHARP RENOVATED BUNGALOW WITH HIGH CEILINGS AND STEPS AWAY FROM GAGE PARK. DESIRABLE SOUTH CENTRAL LOCATION CLOSE TO PARKS, SHOPPING AND TRANSPORTATION ROUTES. 2 PARKING SPOTS OFF LANE WAY ACCESSED FROM FENCED BACK YARD. UPDATES INCLUDE; FLOORING THROUGHOUT, LIGHT FIXTURES, KITCHEN COMPLETE, BATHROOM AND FRESHLY PAINTED. NOTHING TO DO BUT MOVE INTO.

Rare, two-story, recently renovated (2022) legal duplex - with city permits - is perfectly placed in a prime Hamilton location across from Gage Park. Plus, the potential to create third dwelling unit! Whether you're looking for an investment property or a home with additional rental income, this legal duplex offers versatility and potential. Take advantage of the strong rental market or enjoy the convenience of having a separate living space for extended family or guests. With its prime location, well-maintained structure, and separate living spaces, this property is a rare find. Both units have separate entrances, a kitchen and laundry with modern finishes. 3 bedrooms upstairs and 1 downstairs. 29 x 130" lot in close proximity to all other amenities. Don't miss out on this fantastic opportunity to own a legal duplex in a prime Hamilton location!