158 HUNTER STREET E, Hamilton, Ontario L8N 1M7
$1,049,000.00
- 3 bedrooms
- 5 bathrooms
$90,840 GROSS ANNUAL RENT | $71,929 NET INCOME | 6.86% CAP RATE AT CURRENT LIST PRICE. A compelling opportunity for investors seeking strong cash flow without taking on a major renovation project. Configured & operated as four self-contained rental suites, the property has undergone extensive upgrades, including: new roof & eaves, furnace & A/C, sewer line to the City, updated copper water line, back water valve, 200-amp electrical service with separated panels, updated plumbing, windows, HVAC distribution, foundation restoration, exterior grading correction, and significant interior renovations. City inspected during permitted renovations to confirm ... read more
$90,840 GROSS ANNUAL RENT | $71,929 NET INCOME | 6.86% CAP RATE AT CURRENT LIST PRICE. A compelling opportunity for investors seeking strong cash flow without taking on a major renovation project. Configured & operated as four self-contained rental suites, the property has undergone extensive upgrades, including: new roof & eaves, furnace & A/C, sewer line to the City, updated copper water line, back water valve, 200-amp electrical service with separated panels, updated plumbing, windows, HVAC distribution, foundation restoration, exterior grading correction, and significant interior renovations. City inspected during permitted renovations to confirm compliance with fire/life-safety upgrades consistent with multi-residential standards, including hardwired smoke detectors and fire-rated insulation/drywall between suites. Approximately2,385 sq ft (MPAC), with in-suite laundry throughout, updated kitchens & bathrooms, and excellent tenant appeal. Located in Corktown steps from Hamilton GO Centre, St. Joseph's Healthcare, parks, the rail trail, Augusta Street restaurants, and downtown. Full income and expense breakdown available. (id:25417)
- Listing ID: X13868472
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 19 by 97.5 FT |
| Parking: | No Garage |
| Building | |
|---|---|
| Type: | Single Family Row / Townhouse |
| Appliances: | Water Meter, Water Softener and Water Heater |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Vinyl Siding and Stucco |
| Basement: | Full, N/A, N/A (Unfinished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Hamilton |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Park, Place Of Worship and Public Transit |
| Rooms | Level | Dimensions |
|---|---|---|
| Bathroom | Second level | 1.98 m x 1.55 m |
| Bedroom | Second level | 3.45 m x 2.92 m |
| Kitchen | Second level | 5.54 m x 2.74 m |
| Living room | Second level | 4.65 m x 2.46 m |
| Bathroom | Second level | 1.3 m x 1.12 m |
| Kitchen | Second level | 3.63 m x 2.67 m |
| Living room | Second level | 3.63 m x 2.82 m |
| Bedroom | Third level | 8.18 m x 5.36 m |
| Bathroom | Third level | 3.17 m x 1.7 m |
| Utility room | Basement | 2.29 m x 1.73 m |
| Other | Basement | 11.63 m x 5.05 m |
| Other | Basement | 3.38 m x 3.2 m |
| Kitchen | Main level | 4.72 m x 3.43 m |
| Great room | Main level | 3.43 m x 3.25 m |
| Foyer | Main level | 6.55 m x 1.75 m |
| Bathroom | Main level | 2.26 m x 2.21 m |
| Kitchen | Main level | 3.63 m x 2.46 m |
| Living room | Main level | 3.63 m x 2.87 m |
| Bathroom | Main level | 2.49 m x 2.16 m |
| Bedroom | Main level | 3.76 m x 3.58 m |
| Other | Main level | 3.02 m x 1.09 m |
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