Residential Income in Hamilton (Crown Point)

CA$799,900

54 Frederick, L8H4K4, Hamilton (Crown Point), ON

Residential Income for sale in Hamilton (Crown Point), 54 Frederick, L8H4K4, 2000 m²

54 Frederick, L8H4K4, Hamilton (Crown Point), ON

CA$799,900

6Bed
3Bath
2000
Type: Residential Income

Description

Unique Legal Triplex with Future Growth Potential! Looking to add a solid income property to your portfolio? Seller Financing Available* Cap rate of 4.99% when fully rented. This legal triplex offers three self-contained, above-grade units with private entrances and the potential to add a fourth unit (Accessory Dwelling Unit), subject to City approvals and setback requirements.The spacious main floor unit features three bedrooms plus a den that could easily serve as a fourth bedroom, along with a full kitchen and bright living room-perfect for an owner-occupier or premium rental income.A second separate one-bedroom apartment on the main floor offers a functional layout with its own kitchen and living room, while the upper-level one-bedroom suite includes a separate den/home office, kitchen, living room and 3-piece bath. Common shared laundry. Two of the units are vacant, providing an excellent opportunity to set market rents or live in one unit while generating rental income from the others. Walking distance to Ottawa St, close to downtown Hamilton, transit, shopping, schools, hospitals and major commuter routes, this property offers immediate income today with excellent upside potential for tomorrow.Whether you're a seasoned investor or buying your first income property, this is an opportunity worth exploring. (id:55532)

Location

54 Frederick, L8H4K4, Hamilton (Crown Point), ON

Data

Object TypeResidential Income
Purchase PriceCA$799,900
Living Space2000 m²
Plot SizeN/A
Bathrooms3
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeRadiant Heat, Other
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

R

Real Estate Agent