LOADING

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, plus one unit, currently set up as shared accommodation, 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

BusinessType Residential
BusinessSubType Residential

Property Details

MLS® Number H4197919
Property Type Multi-family
AmenitiesNearBy Hospital, Public Transit
CommunityFeatures Quiet Area
EquipmentType Water Heater
Features Park Setting, Park/reserve, Laundry- Coin Operated, No Pet Home
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

Appliances Dryer, Refrigerator, Stove, Washer, Range, Oven
ArchitecturalStyle Multi-unit
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1889
ConstructionStyleAttachment Detached
ExteriorFinish Brick, Vinyl Siding
FireProtection Fire Alarm System, Smoke Detectors
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeExterior 2203 Sqft
SizeInterior 2203 Sqft
Type Triplex
UtilityWater Lake/river Water Intake, Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Hospital, Public Transit
Sewer Municipal Sewage System
SizeDepth 94 Ft
SizeFrontage 26 Ft
SizeIrregular 26.05 X 94.15
SizeTotalText 26.05 X 94.15|under 1/2 Acre
SoilType Clay

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

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