260 Prospect St S

Blakeley, Hamilton, L8M 2Z9
FOR SALE
$749,000
Terminated
$0
260 Prospect St S, Hamilton
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
260 Prospect St S
3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
9
ROOMS
X8084644
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-22 2024-03-18 25 $749,000 - Terminated
Property Description
Legal duplex!! Calling all investors looking for an opportunity or homebuyers eager to get into the market. This house is perfectly situated in the high demand Blakely neighbourhood. This property is fully leased, collecting approximately $41,000.00 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 per mo. Garage is rented separately as well. Great potential revenue generator or expense reducing property. Grab it before its's gone. Buyer to verify numbers and do own due diligence as figures presented were at time of listing and may have changed.
Extras
Must make appointment for showings. Best times are Wednesday 6 pm to 8 pm, Saturday 10 am to 12 pm, Sunday 1 pm to 3 pm. Tenants on main floor would like to stay.
Property Features
Hospital, Park, School
Property Details
Community
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 100'
Acreage
< .50
Fronting
West
Taxes
$3,922 (2023)
Basement
Sep Entrance, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.68' x 10.83'
BrMain10.17' x 9.51'
2nd BrMain11.48' x 8.50'
KitchenMain12.01' x 10.99'
DiningMain12.50' x 10.01'
LivingUpper16.67' x 12.66'
BrUpper11.52' x 10.99'
BrUpper9.51' x 10.99'
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