125 Sanford Avenue N, Hamilton, Ontario
$799,900
- 7 Beds
- 3 Baths
- 2,203 Square Feet
Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex, plus one unit, currently set up as shared accommodation, currently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace installed in 2022, a tankless hot water heater from 2023, and a flat roof updated in 2022. The basement, accessible via a separate side entrance, includes coin-operated laundry and ample storage space, with potential to add a fourth rental unit. A major renovation, completed with permits, included updates to wiring (copper), plumbing (copper/ABS), windows, drywall construction, doors, and trims. The loft unit just became rented on June 1st for $1,450 per month. This smoke-free and pet-free property is an exceptional investment opportunity, ready to enhance your portfolio. (id:23309)
- Listing ID: XH4197919
- Property Type: Multi-family
- Year Built: 1889
Schedule a Tour
Schedule Private Tour
Cheryl DesRoches would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Cheryl DesRoches, who specializes in Hamilton real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Cheryl DesRoches find a property to match your lifestyle.
Listing provided by Keller Williams Complete Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 125 Sanford Avenue N in Hamilton Ontario, was last modified on September 17th, 2024. Contact Cheryl DesRoches to schedule a viewing or to find other properties for sale in Hamilton.