193 Balmoral Ave N
Balmoral Ave N, Crown Point West, Hamilton, ON, L8L 7S1
Quick Summary
Quick Summary
- Lucrative investment property with 4 leased units
- Approved for 5th unit in basement to boost income
- Separate HVAC, electrical and gas meters for low costs
- In-suite laundry for convenient tenant amenities
- Fully equipped with appliances, A/C and furnaces
- Opportunity to live in one unit and rent the rest
- Recently renovated legal 4-plex in prime location
- Potential to increase gross rent to $100k annually
Investment Opportunity of a Lifetime! Welcome savvy investors, to 193 Balmoral, a recently renovated legal 4 plex with the approval for a 5th unit in the basement. Currently at $80k/year gross rent with the ability to easily get to $100k with the build of the 5th unit. Currently boasting four long term leased units: 2 x 1 br, 1 x3br and 1... Show More
Investment Opportunity of a Lifetime! Welcome savvy investors, to 193 Balmoral, a recently renovated legal 4 plex with the approval for a 5th unit in the basement. Currently at $80k/year gross rent with the ability to easily get to $100k with the build of the 5th unit. Currently boasting four long term leased units: 2 x 1 br, 1 x3br and 1 x 4br.3 separate central hvac systems, 4 electrical and gas meters as well as insuite laundry allow for low monthly costs to landlord. Easy to manage investment property, can even live in one and rent the rest. **** EXTRAS **** Refrigerators, washers and dryers, stoves, All elfs, A/C, Furnaces. Exclude all tenant belongings. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Living room
14′11″ x 14′11″
Dining room
10′0″ x 8′8″
Bedroom
8′3″ x 8′9″
Bedroom
10′11″ x 10′2″
Bedroom
9′4″ x 11′5″
Bedroom
10′2″ x 8′7″
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