Residential Income in Hamilton (Burkholme)

CA$999,000

80 Maclennan, L8V1X6, Hamilton (Burkholme), ON

Residential Income for sale in Hamilton (Burkholme), 80 Maclennan, L8V1X6, 2500 m²

80 Maclennan, L8V1X6, Hamilton (Burkholme), ON

CA$999,000

6Bed
4Bath
2500
Type: Residential Income

Description

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:55532)

Location

80 Maclennan, L8V1X6, Hamilton (Burkholme), ON

Data

Object TypeResidential Income
Purchase PriceCA$999,000
Living Space2500 m²
Plot SizeN/A
Bathrooms4
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas
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