$1,210,000

Investment For Sale In Durand, Hamilton, Ontario

$1,210,000

Property Information:

Discover an exceptional opportunity to own this legal Duplex character home featuring three self-contained apartment units in Hamilton's prestigious Durand neighborhood. This property is a fantastic investment or an ideal owner-occupied residence, offering an impressive net income of $49,838 annually. Unit 1: A charming 2-bed, 1-bath unit currently rented for $1,850 per month.Unit 2: A spacious unit that will be vacant on September 1st, with a rental potential of $2,300 per month. Unit 3: A cozy loft that generates $1,127.50 per month. Whether you choose to live in the second unit or rent it out for $2,300+ per month, you'll benefit from the property's prime location and its appeal to A+ professional tenants. Take the opportunity to finish the basement for an additional income for up to $1,600+ per month. This beautifully maintained home boasts extensive modern updates that seamlessly blend with its historical charm. Situated within a short walk to the hospital, trendy Locke and James Streets, the GO station, and scenic trails, this property also offers convenient highway access. The extensive updates and prime location make this an unbeatable investment opportunity. Don't miss your chance to own a piece of Hamilton's finest real estate!

Inclusions: Freezer,Microwave,3 Fridges, 3 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers

Exclusions : Tenants Belongings, Two Light Fixtures In Unit 1 Belong To Tenant. Garden Flower Fountain In Centre Bed, Black Urn, Metal Garden Ornament.

Building Features:

  • Floor Space: 2300 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Unfinished, Sump Pump
  • Construction Materials: Block, Other
  • Cooling: Wall Unit(s)
  • Driveway Parking: None
  • Floor Space (approx): 2300 Square Feet
  • Heating: Radiator
  • Interior Features: Built-In Appliances, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 116.8 Feet
  • Lot Features: City Lot, Hospital, Library, Park, Place of Worship, Public Transit
  • Lot Frontage: 23.68 Feet
  • Roof: Other
  • Water Source: Municipal
  • Zoning: D
  • Sewer: Sewer (Municipal)

Courtesy of: RE/MAX Aboutowne Realty Corp., Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved