$999,000

Investment For Sale In Burkholme, Hamilton, Ontario

$999,000

Property Information:

Welcome to this legal 2-unit family home, located in the highly desirable Hamilton Mountain! A rare gem in the Central Mountain community- this home sits on a generous 60 x 96ft lot and offers 2 side by side units, making it ideal for multi-generational living or a savvy investment opportunity. Each unit boasts 3 bedrooms, 2 baths and ample living space. The property boasts 2 private fenced-in yards and parking for up to 5 vehicles. Whether you're looking to accommodate a large family or offset your mortgage with rental income, this unique property checks all the boxes! Unit 80A Tenant pays 3000/month. Unit 80 pays 3200/month. NOI is 64,478 and Debt Service Coverage Ratio is estimated at 1.64. Cash Flow Positive by aprox. 20k/annum. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding
  • Floor Space: 2896 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Microwave Built-in, Window Coverings

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Features:
  • Floor Space (approx): 2896 Square Feet
  • Lot Depth: 96 Feet
  • Lot Frontage: 60 Feet
  • Structure Type: Shed
  • Zoning: C
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 5

Courtesy of: EXP REALTY OF CANADA INC

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

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

  • Brick and siding exterior featuring a prominent two-car garage with a blue door -
  • Brick exterior with white siding accents and a black shingle roof -
  • Entryway featuring a paneled door with a sidelight, wood-finish flooring, carpeted stairs with white banister, and white wall finishes -
  • Hardwood flooring in main areas with a white trim package -
  • Expansive living area featuring a neutral color palette, recessed lighting, and a wide entryway to an additional room -
  • Living area featuring light wood-finish flooring and white walls -
  • Dining area featuring wood-finish flooring, a multi-light linear pendant fixture, and a window with blinds -
  • Kitchen featuring white cabinetry, stainless steel appliances, mosaic tile backsplash, recessed lighting, and wood-finish flooring -
  • Kitchen featuring light-toned cabinetry, a mosaic tile backsplash, and a double basin sink with a gooseneck faucet -
  • Bright interior space featuring a window with natural light, wood-finish flooring, and white painted walls -
  • Room featuring wood-finish flooring and white painted walls with crown molding -
  • Room featuring a window with blinds, wood-finish flooring, and a flush-mount ceiling light -
  • Hardwood flooring complemented by a gray area rug -
  • Bedroom featuring wood-finish flooring, white baseboards, and crown molding -
  • Hardwood flooring featuring a double-hung window with blinds, crown molding, and white trim -
  • Vanity with a rectangular undermount sink, a white countertop, and chrome faucet -
  • Dedicated laundry area featuring a washer and dryer set with an overhead storage shelf -
  • Wall-to-wall mirrored closet doors -
  • Vanity area featuring a wood-finish cabinet with brass hardware, an integrated basin, and a light-toned countertop -
  • Expansive outdoor living area featuring a paver patio and a raised wooden deck with an overhead pergola -
  • Entryway featuring an exterior door with frosted glass panel, light-toned walls, and a mirrored closet door -
  • Carpeted staircase featuring an ornate wrought iron railing with a brass-finish handrail, complemented by wainscoting paneling -
  • Spacious living area featuring wood-finish flooring, exposed ceiling beams, and a brick accent wall with a fireplace -
  • Living area featuring wood-finish flooring, exposed ceiling beams, and a brick fireplace -
  • Dining area featuring wood-finish flooring, a multi-bulb chandelier, and a large window with horizontal blinds -
  • Kitchen featuring white cabinetry, dark countertop surfaces, a stainless steel sink with a gooseneck faucet, light-colored tile backsplash, and dark tile flooring -
  • Kitchen island featuring a stone-finish countertop with built-in storage drawers -
  • Kitchen featuring white cabinetry, dark tile flooring, a center island with a stone-finish countertop, and track lighting -
  • Room with neutral-toned walls, textured ceiling, and carpeted flooring -
  • Wall-to-wall carpeting with bi-fold closet doors and neutral wall paint -
  • Bedroom featuring neutral wall paint, carpet flooring, a ceiling fan, and two windows with blinds -
  • Bathroom featuring a white vanity with an integrated sink, built-in medicine cabinet, tiled walls with a pink accent stripe, and a window providing natural light -
  • Stackable laundry appliances within a dedicated alcove -
  • Neutral tone wall paint with a single window featuring horizontal blinds -
  • Bedroom featuring neutral wall paint and gray carpet flooring -
  • Expansive backyard featuring a stone patio, mature trees, a storage shed, and a privacy fence -
  • Expansive outdoor space featuring a flagstone and gravel patio, mature trees, a privacy fence, and a storage shed -