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BEDROOMS2
BATHROOMS2
KITCHENS12
ROOMSX8101386
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-02-29 | 2024-04-02 | 33 | $599,900 | $583,704 | Sold |
2024-02-29 | 2024-04-02 | 33 | $599,900 | $583,704 | Sold |
2023-07-07 | 2023-08-09 | 33 | $599,900 | - | Terminated |
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Property Description
This Legal Duplex Could Be A Great Addition To Any Investors Portfolio Having A 1 Bedroom Unit & A 3 Bedroom Unit. Extensively Renovated In 2012 With Updates To The Electrical, Breaker Panels, Plumbing, Separate Hydro Meters, 2 Furnaces, Roof, Windows & Separate Entrances. The Main Floor 1 Bedroom Unit Is Vacant. The 3 Bedroom Unit Is Currently Tenanted Although Vacant Possession For The Entire Property May Be Possible. Projected Gross Income For This Building Has Been Calculated At $48K/Year At Market Rents. Many Options To Either Live In 1 Unit & Rent The Other & Have The Tenants Pay Your Mortgage, Or Rent Both With Great Cash Flow. Centrally Located Near All Amenities Including City Transit, Shopping, Restaurants, Groceries, 1 Min To Hamilton General Hospital, 5 Mins To Tim Horton's Field, 5 Mins To Jackson Square Mall, 5 Mins To Mcmaster University, 5 Mins To Everything On James St. (Eateries, Shopping, Etc), 5 Mins To Trails At Bay Front Park Along Lake Ontario, 5 Mins To Go Station & Hwy 403!
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MOTIVATED SELLER! Situated in the high demand area of Blakely, on a vast double lot protects its value into the future as a sound investment. 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. Annual gross income collected =$41,000. Grab it while you can.
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Looking for a Turn Key Investment Opportunity? This Legal Duplex with a Large Lot and full of potential can generate Good Income - Main Floor: First Unit - 2 Bedrooms, Full 4 piece Bath Ensuite, Living Room Combined with Open Concept Kitchen. Second Floor: Second Unit -1 Bedroom, Room that can be Living/Family plus Kitchen, and 4 piece bath; 2 1/2 Storey: +2 Rooms/Dens, good size having their own 3 Piece Bath Ensuite, shared entrance with second unit. This property features: Nice upgraded kitchens and baths, a functional layout, plenty of parking spaces, And Much More!
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