125 Sanford Avenue N, Hamilton, Ontario, L8L 5Z4

$799,900

MLS® # XH4197922

House For Sale In Gibson, Hamilton, Ontario

$799,900

  • 7

    Bedrooms

  • 3

    Baths

  • 4

    Parking Spaces

Property Information:

Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex currently , plus one unit, currently set up as shared accommodation 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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Vinyl siding
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 7
  • Bathrooms: 3
  • Amenities Nearby: Hospital, Park, Public Transit
  • Built in: 1889
  • Community Features: Quiet Area
  • Features: No Driveway, Laundry- Coin operated, No Pet Home
  • Lot Depth: 94.0 Feet
  • Lot Frontage: 26.0 Feet
  • Soil Type: Clay
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen 2nd Level 10'0'' x 10'0''
  • Bathroom 2nd Level ' x '
  • Bedroom 2nd Level 10'0'' x 11'7''
  • Bedroom 2nd Level 9'2'' x 13'1''
  • Bedroom 2nd Level 10'10'' x 14'8''
  • Bedroom 3rd Level 13'0'' x 13'6''
  • Family 3rd Level 12'0'' x 14'0''
  • Bathroom 3rd Level ' x '
  • Laundry Basement Level ' x '
  • Cellar/Cold Room Basement Level ' x '
  • Storage Basement Level 20'0'' x 12'0''
  • Storage Basement Level 19'10'' x 6'0''
  • Bathroom Main Level ' x '
  • Bedroom Main Level 14'9'' x 12'0''
  • Bedroom Main Level 16'7'' x 10'4''
  • Bedroom Main Level 13'4'' x 13'0''
  • Kitchen Main Level 11'8'' x 9'9''
  • Foyer Main Level ' x '

Courtesy of: Keller Williams Complete Realty

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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