326 East 19th Street, Hamilton (Hill Park), L9A4S8

Home Overview

Description

An exceptional investment opportunity awaits at 326 East 19th Street, located in a desirable, family-oriented pocket of Hamilton Mountain. This legally converted duplex was professionally updated in 2021 and offers both strong income potential and long-term value. The main (upper) unit spans the 1.5-storey layout and features a spacious, family-friendly design with four bedrooms and one full bathroom. Larger than your typical bungalow upper unit, it boasts a bright open-concept living area, an upgraded kitchen, stylish finishes throughout, and in-unit laundry for added convenience. The basement unit is fully self-contained and includes two bedrooms, one bathroom, a functional living and kitchen space, and its own private laundry. Both units have been meticulously maintained and are fully turnkey, making this an ideal option for investors or owner-occupants looking to live in one unit and rent the other. Best of all, the property is currently vacant, giving you the flexibility to set your own rents or move in right away without the hassle of tenant negotiations or turnover delays. The property generates over $50,000 in annual rental income and cash flows close to $1,000 per month. Set on a quiet residential street, the home offers easy access to public transit, shopping, and schools. Its also conveniently located near Juravinski Hospital, Mohawk College, and The LINC. With updated mechanicals and finishes throughout, future maintenance is minimal, allowing for a truly hands-off investment. Whether you're adding to your investment portfolio or purchasing your first income-generating property, 326 East 19th Street offers a rare combination of location, layout, and reliable cash flow. (id:39198)

38 days

On Market

Multi-family

Property Type

$5,315 / Year

Est. Annual Taxes

Multi-Family

Style

-

Garage

-

Basement

Location & Areas