39 BROADWAY Avenue, Hamilton, Ontario L8S 2V6
$974,900.00
- 6 bedrooms
- 3 bathrooms
- 1,627 Square Feet
An exceptional LICENSED student rental in one of the most sought-after locations within a 2 minute walk of McMaster University. This turnkey investment property offers 6 spacious bedrooms, 3 full bathrooms, and 2 kitchens, currently generating $46K in annual rental income with the potential to increase to $65K+. Sitting on a spacious 45x140ft lot with a large backyard, this property offers future income expansion opportunities by creating more bedrooms in the basement or the potential of a garden suite (buyers do own due diligence). Buyers will appreciate the recent updates, including: Roof (new plywood and shingles, 2021), Exterior Waterproofing ... read more
An exceptional LICENSED student rental in one of the most sought-after locations within a 2 minute walk of McMaster University. This turnkey investment property offers 6 spacious bedrooms, 3 full bathrooms, and 2 kitchens, currently generating $46K in annual rental income with the potential to increase to $65K+. Sitting on a spacious 45x140ft lot with a large backyard, this property offers future income expansion opportunities by creating more bedrooms in the basement or the potential of a garden suite (buyers do own due diligence). Buyers will appreciate the recent updates, including: Roof (new plywood and shingles, 2021), Exterior Waterproofing (2022), Updated Electrical (2016), New Furnace (2025), Concrete Walkway (2022) and Side Door Entrance (2023). Location is everything! Just a 2-minute walk to McMaster, Starbucks, Williams Café, Public Bus Stop and numerous other restaurants/shops, making this an ideal rental for students. The current lease expires in Apr 2025. Don’t miss out on this high-demand investment—book your private showing today! (id:25417)
- Listing ID: 40688933
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | 2 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Freezer, Hood Fan, Refrigerator, Stove, Washer and Dryer |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air |
| Exterior: | Aluminum Siding and Vinyl Siding |
| Basement: | Full (Finished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Hamilton |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Public Transit and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Second level | 7'5'' x 5'4'' |
| Bedroom | Second level | 13'11'' x 11'0'' |
| Bedroom | Second level | 10'8'' x 10'7'' |
| Bedroom | Second level | 17'9'' x 9'9'' |
| Bedroom | Second level | 16'5'' x 9'10'' |
| 3pc Bathroom | Basement | 6'8'' x 5'3'' |
| Storage | Basement | 9'6'' x 8'3'' |
| Bonus Room | Basement | 10'6'' x 7' |
| Bonus Room | Basement | 9'10'' x 8'4'' |
| Kitchen | Basement | 6'8'' x 6'0'' |
| 3pc Bathroom | Main level | 8'9'' x 5'1'' |
| Bedroom | Main level | 13'6'' x 11'5'' |
| Bedroom | Main level | 13'11'' x 11'2'' |
| Kitchen | Main level | 20'3'' x 10'3'' |
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