Income-Generating Legal Duplex in the Heart of Hamilton! An incredible investment opportunity awaits in the core of Hamilton! This well-maintained 3-unit property offers attractive rental income with Unit 3 becoming vacant on May 1stperfect for an investor or a savvy buyer looking to live in one unit while renting out the others. Current Rents (All Inclusive of Utilities): Unit 1 $1,890/month; Unit 2 $1,895/month (In-Suite Laundry!); Unit 3 $1,340/month (Vacant May 1st!) Additional income is generated through coin-operated laundry for Units 1 and 3. Street Parking is available for Tenants. You'll love this TURNKEY Investment Strong rental history with market rents. Dont miss outschedule a viewing today!
Address
56 Erie Avenue
List Price
$749,000
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
3-Storey
Area
Hamilton
Sub-Area
Stinson
County
Hamilton
Bedrooms
5
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
150
Lot Size Units
Feet
Lot Width
25
MLS® Number
X12021311
Listing Brokerage
EXP REALTY
Basement Area
Separate Entrance, Full
Postal Code
L8N 2W6
Parking
None
Tax Amount
$5,097.00
Tax Year
2024
Interior Features
Carpet Free, Water Heater
Heat Source
Electric
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
East
Foundation Details
Concrete Block
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer