Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex, plus one unit, currently set up as shared accommodationcurrently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace installed in 2022, a tankless hot water heater from 2023, and a flat roof updated in 2022. The basement, accessible via a separate side entrance, includes coin-operated laundry and ample storage space, with potential to add a fourth rental unit. A major renovation, completed with permits, included updates to wiring (copper), plumbing (copper/ABS), windows, drywall construction, doors, and trims. The loft unit just became rented on June 1st for $1,450 per month. This smoke-free and pet-free property is an exceptional investment opportunity, ready to enhance your portfolio. (id:31697)
| MLS® Number | X8460930 |
| Property Type | Multi-family |
| Community Name | Gibson |
| Amenities Near By | Hospital, Park, Public Transit |
| Features | Lane |
| Parking Space Total | 4 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Appliances | Dryer, Oven, Range, Refrigerator, Stove, Washer |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Slab |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Other |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 94 Ft ,1 In |
| Size Frontage | 26 Ft |
| Size Irregular | 26.05 X 94.15 Ft |
| Size Total Text | 26.05 X 94.15 Ft|under 1/2 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.3 m | 4.47 m | 3.3 m x 4.47 m |
| Second Level | Bedroom | 2.79 m | 3.99 m | 2.79 m x 3.99 m |
| Second Level | Bedroom | 3.05 m | 3.53 m | 3.05 m x 3.53 m |
| Second Level | Bathroom | 3.5 m | 3 m | 3.5 m x 3 m |
| Second Level | Kitchen | 3.05 m | 3.05 m | 3.05 m x 3.05 m |
| Third Level | Bedroom | 3.96 m | 4.11 m | 3.96 m x 4.11 m |
| Third Level | Family Room | 3.66 m | 4.27 m | 3.66 m x 4.27 m |
| Main Level | Kitchen | 3.56 m | 2.97 m | 3.56 m x 2.97 m |
| Main Level | Bedroom | 4.06 m | 3.96 m | 4.06 m x 3.96 m |
| Main Level | Bedroom | 5.05 m | 3.15 m | 5.05 m x 3.15 m |
| Main Level | Bedroom | 4.5 m | 3.66 m | 4.5 m x 3.66 m |
| Main Level | Bathroom | 3.5 m | 2.5 m | 3.5 m x 2.5 m |
https://www.realtor.ca/real-estate/27068794/125-sanford-avenue-n-hamilton-gibson-gibson
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