$599,900

Investment For Sale In Crown Point West, Hamilton, Ontario

$599,900

Property Information:

Excellent for 1st timer or investor (cap rate of 6.3%) currently vacant so you can set your own rents. Built as a duplex with 2 separate hydro meters , hydro panels ,1 gas meter, 1 water meter . This home is walking distance to Gage Park, Tim Hortons Field and to both Memorial Elementary School and Bernie Custis Secondary School. Seller has made some recent improvements: 1 gas boiler 14 yrs, newer floors on both levels, roof 2012. (rental income is projected at 2200 main floor and 1600 upper floor, expenses are actual and water/sewer is estimated) , 1 laundry main floor(private) , all copper wiring, copper and plastic ABS plumbing, vinyl windows, main floor has access to backyard from inside, 2nd upper unit with complete separate entrance. parking for 1 car at front and oversized 1 car garage at back through laneway. easy to rent. seller will leave vacant until sold. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Stone
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Amenities Nearby: Public Transit, Shopping
  • Built in: 1915
  • Fence Type: Fence
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 31.0 Feet
  • Structure Type: Porch
  • Zoning: D
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX TWIN CITY REALTY INC., BROKERAGE

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