74 CATHCART Street, Hamilton, Ontario L8R 1M5
$749,000.00
- 4 bedrooms
- 4 bathrooms
- 2,605 Square Feet
Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for ... read more
Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas. (id:25417)
- Listing ID: 40865234
- Property Type: Single Family
- Year Built: 1899
| Property | |
|---|---|
| Style: | Other |
| Ownership: | Freehold |
| Lot Size: | 0.06 Ac (Under 1/2 Acre) |
| Parking: | 2 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Finished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Hamilton |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Park, Public Transit and Shopping |
| Rooms | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | Measurements not available |
| Bedroom | Second level | 12'0'' x 10'5'' |
| Living room | Second level | 16'5'' x 13'3'' |
| Kitchen | Second level | 16'5'' x 14'7'' |
| 4pc Bathroom | Third level | Measurements not available |
| Laundry room | Third level | 5'2'' x 6'8'' |
| Primary Bedroom | Third level | 10'11'' x 12'2'' |
| Laundry room | Basement | 5'3'' x 7'1'' |
| 4pc Bathroom | Basement | Measurements not available |
| Bedroom | Basement | 10'2'' x 10'6'' |
| Kitchen | Basement | 6'11'' x 9'3'' |
| Living room | Basement | 9'1'' x 27'3'' |
| 4pc Bathroom | Main level | Measurements not available |
| Laundry room | Main level | Measurements not available |
| Bedroom | Main level | 9'4'' x 12'1'' |
| Living room | Main level | 13'1'' x 12'4'' |
| Kitchen | Main level | 12'10'' x 13'4'' |
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