Hamilton
Burlington
Niagara
INCREDIBLE INVESTMENT OPPORTUNITY AT 9.72% CAP RATE & OVER $150,000.00 CASH NET ANNUALLY. This Renovated 16+ - Room Rental property has a monthly GOI of $12,530.00 & NOI of $10,531.00. Quickly converted into Duplex/Triplex; The basement was recently renovated and features two kitchens, 3.5 bathrooms, 16 bedrooms, 3 entrances. The lot is located on a central location on the Hamilton Mountain close to absolutely everything and is an investor's dream. Priced competitively to offer a 9.72% CAP RATE and competitive price per square footage. The lot is very deep at 124 ft, so there is plenty room to enjoy outdoor space or add a secondary suite in the rear. The Triple car, automatic , three bay door, drive through garage is incredibly spacious and perfect for a man's cave, a workshop, storage or even convert it to a 17th, 18th & 9th room. The possibilities are endless with this one & will not last. Priced to be sold quick since Selers are offloading their properties; Buyers -take advantage of our time-crunch needing this to be sold. (id:52581)
MLS® Number | 40706545 |
Property Type | Single Family |
Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Equipment Type | Furnace |
Features | Crushed Stone Driveway, Industrial Mall/subdivision, In-law Suite |
Parking Space Total | 9 |
Rental Equipment Type | Furnace |
Structure | Porch |
Bathroom Total | 4 |
Bedrooms Above Ground | 11 |
Bedrooms Below Ground | 5 |
Bedrooms Total | 16 |
Appliances | Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Stove, Washer, Microwave Built-in, Hood Fan, Window Coverings, Garage Door Opener |
Architectural Style | 2 Level |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1948 |
Construction Style Attachment | Detached |
Cooling Type | None |
Exterior Finish | Brick |
Fire Protection | Smoke Detectors, Alarm System, Unknown |
Fireplace Present | Yes |
Fireplace Total | 1 |
Foundation Type | Poured Concrete |
Half Bath Total | 1 |
Heating Fuel | Natural Gas |
Heating Type | Radiant Heat, Stove |
Stories Total | 2 |
Size Interior | 3700 Sqft |
Type | House |
Utility Water | Municipal Water |
Attached Garage |
Access Type | Highway Access, Highway Nearby |
Acreage | No |
Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 124 Ft |
Size Frontage | 60 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | 3pc Bathroom | 10'0'' x 8'0'' | ||
Second Level | Bedroom | 12'0'' x 12'0'' | ||
Second Level | Bedroom | 12'0'' x 12'0'' | ||
Second Level | Bedroom | 15'0'' x 35'0'' | ||
Lower Level | Bedroom | 10'0'' x 11'0'' | ||
Lower Level | Bedroom | 12'0'' x 12'0'' | ||
Lower Level | Bedroom | 13'0'' x 13'0'' | ||
Lower Level | Bedroom | 12'0'' x 12'0'' | ||
Lower Level | Bedroom | 15'0'' x 12'0'' | ||
Lower Level | Utility Room | 6'0'' x 4'0'' | ||
Lower Level | 1pc Bathroom | 3'0'' x 3'0'' | ||
Lower Level | 3pc Bathroom | 10'0'' x 8'0'' | ||
Lower Level | Eat In Kitchen | 12'0'' x 12'0'' | ||
Main Level | Workshop | 25'0'' x 25'0'' | ||
Main Level | Laundry Room | 10'0'' x 6'0'' | ||
Main Level | 3pc Bathroom | 10'0'' x 8'0'' | ||
Main Level | Bedroom | 14'0'' x 15'0'' | ||
Main Level | Bedroom | 10'0'' x 15'0'' | ||
Main Level | Bedroom | 12'0'' x 12'0'' | ||
Main Level | Bedroom | 10'0'' x 12'0'' | ||
Main Level | Bedroom | 12'0'' x 10'0'' | ||
Main Level | Bedroom | 14'0'' x 14'0'' | ||
Main Level | Bedroom | 12'0'' x 10'0'' | ||
Main Level | Bedroom | 9'0'' x 10'0'' |
https://www.realtor.ca/real-estate/28023655/171-stone-church-road-e-hamilton