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 |
| AmenitiesNearBy | Hospital, Park, Public Transit |
| Features | Lane |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 3 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Appliances | Dryer, Oven, Range, Refrigerator, Stove, Washer |
| BasementDevelopment | Partially Finished |
| BasementType | Partial (partially Finished) |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Slab |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| Type | Other |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Hospital, Park, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 94 Ft ,1 In |
| SizeFrontage | 26 Ft |
| SizeIrregular | 26.05 X 94.15 Ft |
| SizeTotalText | 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
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
