Property Information:
Welcome to 460 King William Street, Hamilton - a prime corner property featuring a duplex plus a basement apartment, with three fully self-sufficient units. Each unit boasts separate entrances and no common areas, offering ultimate privacy for tenants. Recently renovated in 2021, this property features a brand-new basement unit and updated main and second floors. Each unit includes its own washer/dryer, central AC, and heat for modern convenience. Unit 1 (basement) has a private entrance between houses and pays its own hydro with a dedicated meter. Units 2 and 3 enjoy all-inclusive rents and separate entrances facing Ashley Street and King William Street, respectively. Parking is a breeze with two reserved spots on Ashley Street for Units 2 and 3, while street parking is available for the basement tenants. Conveniently located near downtown Hamilton and public transit, this property offers exceptional rental income potential. Financials: Total gross rent for the year 2024 is $50,300, with total expenses for the year projected at $9,163.47, making this an outstanding investment opportunity. Don't miss your chance to own this unique, income-generating property! (id:27)
Building Features:
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Style:
Duplex
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Building Type:
Duplex
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Basement Development:
Finished
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Basement Type:
N/A
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Exterior Finish:
Brick
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Foundation Type:
Block
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Dishwasher, Freezer, Range, Stove, Washer