4 Bedroom
3 Bathroom
2,074 sqft
Other
Central Air Conditioning
Forced Air
$549,900
FULLY VACANT LEGAL DUPLEX WITH THREE UNITS AND STRONG INCOME POTENTIAL. Fully vacant and ready for fresh market rents, this legal duplex features three fully contained units, giving investors the opportunity to select their own tenants and establish rents from day one. With three potential income streams under one roof, the property offers an appealing opportunity for investors looking to build or expand their portfolio. Many of the major capital expenses have already been completed, helping reduce the immediate costs that can come with acquiring an investment property. Full vacancy provides added flexibility, allowing the next owner to establish their own tenant mix and rental structure from the start. Location adds to the rental appeal. Public transit is just minutes away on foot, with grocery stores, restaurants, shopping and everyday amenities all close by, providing the convenience tenants look for. Three fully contained units, full vacancy, fresh market rent potential, significant recent capital improvements and a convenient Hamilton location come together in an investment property positioned for income from the start. (id:49269)
Property Details
|
MLS® Number
|
40867400 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Public Transit, Schools, Shopping |
|
Communication Type
|
High Speed Internet |
|
Equipment Type
|
None |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
None |
|
Structure
|
Porch |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
4 |
|
Appliances
|
Refrigerator |
|
Architectural Style
|
Other |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1910 |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
2,074 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
60 Ft |
|
Size Frontage
|
24 Ft |
|
Size Irregular
|
0.03 |
|
Size Total
|
0.03 Ac|under 1/2 Acre |
|
Size Total Text
|
0.03 Ac|under 1/2 Acre |
|
Zoning Description
|
C |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
4pc Bathroom |
|
|
10'6'' x 8'5'' |
|
Second Level |
Bedroom |
|
|
13'11'' x 9'9'' |
|
Second Level |
Living Room |
|
|
10'11'' x 8'11'' |
|
Second Level |
Kitchen |
|
|
6'5'' x 6'10'' |
|
Third Level |
Bedroom |
|
|
18'7'' x 13'9'' |
|
Lower Level |
Utility Room |
|
|
11'10'' x 6'10'' |
|
Lower Level |
3pc Bathroom |
|
|
6'10'' x 5'2'' |
|
Lower Level |
Bedroom |
|
|
17'5'' x 5'11'' |
|
Lower Level |
Living Room |
|
|
23'4'' x 10'10'' |
|
Lower Level |
Kitchen |
|
|
7'2'' x 1'0'' |
|
Main Level |
Laundry Room |
|
|
2'6'' x 2'5'' |
|
Main Level |
3pc Bathroom |
|
|
11'1'' x 3'5'' |
|
Main Level |
Bedroom |
|
|
10'0'' x 9'9'' |
|
Main Level |
Kitchen |
|
|
14'11'' x 10'0'' |
Utilities
https://www.realtor.ca/real-estate/30355087/50-somerset-avenue-hamilton