Legal triplex in Central Hamilton offering nearly 2,500 square feet of finished space, with potential for a 4th Unit. This cash-flowing asset generates over $5,170 in monthly income and is set up for efficient management with 3 hydro meters, 3 gas meters, 2 furnaces, and 3 hot water tanks. All units feature in-suite laundry, and tenants pay their own gas and hydro, keeping operating expenses low. Unit 1 features a main-floor two-bedroom with basement storage, tenanted for $1,950 plus utilities. Unit 2 is a second-floor 2-bedrooam rented at $1,520 plus utilities. Unit 3 is a Vacant third floor 2-bed, currently vacant with a market rate of $1,700 + utilities. Additional value lies in 2-car driveway parking and TOC zoning, which allows for the opportunity to unlock further income through a 4th basement Unit. Located between Main and King streets along the future LRT plans, this property is positioned for long-term growth with proximity to Jackson Square, Hamilton GO Centre, and Hamilton General Hospital. This is an ideal opportunity for investors seeking stable income and future upside. (id:61594)
| MLS® Number | X12322732 |
| Property Type | Multi-family |
| Community Name | Landsdale |
| Amenities Near By | Hospital, Public Transit |
| Parking Space Total | 2 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Dryer, Stove, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Stucco |
| Foundation Type | Stone |
| Heating Type | Other |
| Stories Total | 3 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Land Amenities | Hospital, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 75 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33 X 75 Ft |
| Size Total Text | 33 X 75 Ft |
| Zoning Description | T0c1 |
https://www.realtor.ca/real-estate/28685810/9-tisdale-street-s-hamilton-landsdale-landsdale
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®)
