125 Sanford Ave N, Hamilton, L8L 5Z4

Home Overview

Description

Attention all investors! This cash-positive ($800 cash at the asking price) legal duplex, plus one unit, currently set up as shared accommodationcurrently generates $6,039 per month, or $71,268 annually, in gross rent, with the potential to generate $6,239 per month, or $74,868 per year. Well-maintained, this investment property features 2 hydro meters, 4 rear parking spots, a furnace installed in 2022, a tankless hot water heater from 2023, and a flat roof updated in 2022. The basement, accessible via a separate side entrance, includes coin-operated laundry and ample storage space, with potential to add a fourth rental unit. A major renovation, completed with permits, included updates to wiring (copper), plumbing (copper/ABS), windows, drywall construction, doors, and trims. The loft unit just became rented on June 1st for $1,450 per month. This smoke-free and pet-free property is an exceptional investment opportunity, ready to enhance your portfolio.

3 months

On Market

Multiplex

Property Type

$2,746 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

100+

Year Built