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125 Sanford Avenue N Hamilton, Ontario L8L 5Z4

2203 sqft
Multi-Unit Forced Air

$799,900

Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex currently 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)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number H4197919
Property Type Multi-family
Amenities Near By Hospital, Public Transit
Community Features Quiet Area
Equipment Type Water Heater
Features Park Setting, Park/reserve, Laundry- Coin Operated, No Pet Home
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Appliances Dryer, Refrigerator, Stove, Washer, Range, Oven
Architectural Style Multi-unit
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1889
Construction Style Attachment Detached
Exterior Finish Brick, Vinyl Siding
Fire Protection Fire Alarm System, Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Exterior 2203 Sqft
Size Interior 2203 Sqft
Type Triplex
Utility Water Lake/river Water Intake, Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 94 Ft
Size Frontage 26 Ft
Size Irregular 26.05 X 94.15
Size Total Text 26.05 X 94.15|under 1/2 Acre
Soil Type Clay

https://www.realtor.ca/real-estate/27068158/125-sanford-avenue-n-hamilton

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